Source: Reuters, July 26, 2017
LONDON (Reuters) - Oil's rise back above $50 a
barrel helped prod stock markets higher on Wednesday and company results
and economic data continued to soothe worries that the world economy
may be ripe for a another slowdown.
European
stock markets were mainly higher, led by energy and commodity-linked
companies after Brent crude topped the $50 mark for the first time since
early June.
A slightly less bullish
performance in Asia pulled the MSCI world equity index, which tracks
shares in 46 countries, off all-time highs overnight. But early in the
European session, it was up 0.1 percent on the day.