After volatile January, world stocks start February on firm note
Published by
Reuters UK

By Dhara Ranasinghe LONDON (Reuters) – World stocks looked set to leave a volatile January in the past on Tuesday, starting a new month on firmer ground as a slew of reassuring comments from Federal Reserve officials helped calm rate-hike jitters. A pan-European equity index opened more than 1% higher, U.S. stock futures rallied and Japan’s blue-chip Nikkei rose 0.3%, buoyed by Wall Street’s overnight gains. [.T] [.N] Indeed, U.S. stocks closed higher on Monday, led by a 3.5% rise for the tech-heavy Nasdaq. It meant the Nasdaq ended January on a strong note after narrowly avoiding its worst ev…

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