Global stocks rebounded yesterday at the end of a turbulent week in which investors fretted about the state of economies around the world. The rebound came after heavy selling on stock markets around the world amid fears over recession in Britain and Europe – and even the US, where technology stocks in particular have been under pressure. 'After the recession rout there was a calmer feel to market proceedings,' said AJ Bell investment director Russ Mould. With technology stocks on Wall Street bouncing back, Scottish Mortgage Investment Trust rose 7.3 per cent, or 55p, to 805.8p. Earlier this week Vodafone said it was in talks to merge with rival Three in a move to expand its share of the UK mobile market.

Source: Daily Mail May 14, 2022 08:43 UTC