MORE FROM Markets

World stocks rise on concerted bank talk

markets

World stocks rise on concerted bank talk

World equity markets rose on Friday as investor fears of euro zone turmoil following Greek elections this weekend were offset by talk the world’s major central banks stand ready to make a coordinated response to ease any market dislocation.

markets

World on red alert for Greek vote

markets

World on red alert for Greek vote

Urgent messages flashed on cellphones, email alerts popped up and telephones rang for a team at asset manager Legg Mason. Dial in to a conference now, the 30-strong enterprise risk management team was told. A major event is underway.

markets

markets

FTSE holds firm on central bank stimulus hope

LONDON - A rally by risk-sensitive bamks and commodity stocks drove Britain’s leading share index higher on Friday, as investors’ risk appetite returned on the possibility of further stimulus measures by central banks to tackle the euro zone debt crisis.

markets