Global Stocks Rebound After Wall Street Fall on Economy Fears
Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, on June 17, 2022. Ahn Young-joon/AP Photo
BEIJING—Global stocks and Wall Street futures rebounded Friday after tumbling the previous day on fears economic activity will be depressed by interest rate hikes to cool inflation.
London, Frankfurt, Shanghai, and Hong Kong advanced. Tokyo retreated. Oil prices rose to stay close to $120 per barrel.
