European Stocks Reverse Losses But Markets Wary Over Growth

Jo-Carolyn Goode | 10/13/2014, 8:02 a.m.
According to Reuters, european stocks reversed early losses on Monday as airline shares gained after crude oil prices fell to ...
A man looks at an electronic stock quotation board outside a brokerage in Tokyo September 4, 2014. CREDIT: REUTERS/ISSEI KATO

BY NIGEL STEPHENSON

According to Reuters, european stocks reversed early losses on Monday as airline shares gained after crude oil prices fell to near a four-year low, though broad dollar weakness and a jump in gold signaled investor concern over global economic health.

Stocks opened the week on a negative note. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS lost 0.5 percent.

Chinese trade data eased fears of slowdown in the world's second-largest economy, showing exports grew 15.4 percent year-on-year in September and exports rose 6 percent in value, both ahead of market expectations. But broader concerns about global growth remained.

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