By , (Reuters) - The pan-European STOXX 600 index recorded its best day in a month on Tuesday, joining a global rally after the prospect of historic monetary and fiscal stimulus revived hopes of an economic rebound from the COVID-19 pandemic.Aggressive global stimulus has helped to power a rebound in European equity markets since a coronavirus-fuelled crash in March, with the STOXX 600 index now only about 16% below its February record high.The U.S. Federal Reserve will start purchasing corporate bonds on Tuesday through the secondary market corporate credit facility, one of several...…By , (Reuters) - The pan-European STOXX 600 index recorded its best day in a month on Tuesday, joining a global rally after the prospect of historic monetary and fiscal stimulus revived hopes of an economic rebound from the COVID-19 pandemic.Aggressive global stimulus has helped to power a rebound in European equity markets since a coronavirus-fuelled crash in March, with the STOXX 600 index now only about 16% below its February record high.The U.S. Federal Reserve will start purchasing corporate bonds on Tuesday through the secondary market corporate credit facility, one of several...WW…

By NEW YORK (Reuters) - Wall Street closed higher at the end of a whipsaw session on Thursday as investors juggled hopeful and pessimistic news on the progress of stimulus talks Washington amid signs of waning momentum of economic recovery from the pandemic recession, now entering its ninth month.All three major U.S. stock indexes closed higher, with the Nasdaq in the lead and the Dow seeing the smallest gain.A spate of data, including jobless claims and consumer spending, suggested that the plodding economic recovery could be losing steam.Investors now look to the Labor Department’s...…By NEW YORK (Reuters) - Wall Street closed higher at the end of a whipsaw session on Thursday as investors juggled hopeful and pessimistic news on the progress of stimulus talks Washington amid signs of waning momentum of economic recovery from the pandemic recession, now entering its ninth month.All three major U.S. stock indexes closed higher, with the Nasdaq in the lead and the Dow seeing the smallest gain.A spate of data, including jobless claims and consumer spending, suggested that the plodding economic recovery could be losing steam.Investors now look to the Labor Department’s...WW…