Global Stocks Rise As Turkish Crises Eases

Tuesday,   14-Aug-2018   04:03 PM (IST)

In equities, global stocks were higher, as investors cautiously returned to risk markets amid a stabilization in Turkey's currency crisis.On Wall Street, U.S. stock futures looked set to open higher.The blue-chip Dow futures indicated a gain of 80 points, or around 0.3%, the S&P 500 futures tacked on 10 points, or around 0.4%, while the tech-heavy Nasdaq 100 futures pointed to a rise of 37 points, or roughly 0.5%.Meanwhile, in Europe, the region's major bourses bounced back after two days of heavy selling as investors' anxieties over contagion from a Turkish currency crisis eased.Earlier, Asian shares closed mixed, as some regional markets bounced back one day after declining over jitters related to economic uncertainty in Turkey.Greater China markets declined, lagging their regional peers, as Chinese economic data highlighted concern surrounding a global trade war.