NEW YORK (Reuters) – Global equity markets rallied on Tuesday as the U.S. Nasdaq and S&P 500 stock indexes marched toward record highs, while European energy shares posted their biggest daily gain since January as crude prices surged.
FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville
Wall Street soared on upbeat results from Coca-Cola, Twitter, United Technologies and Lockheed Martin, which eased fears of a profit recession in a busy week for U.S. corporate earnings.
European shares rebounded from early weakness, pushing the STOXX 600 index to eight-month highs at the close. The energy-heavy FTSE 100 in London led regional gains, up 0.85 percent at a more than six-month high.
European oil and