Stocks steady as markets calm after Evergrande-led slide


On Wall Street, the Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40. The Cboe Volatility Index fell 1.35 points to 24.36 after hitting a four-month high a day earlier. The pan-European STOXX 600 index rose 1%, with Germany's DAX rising 1.4%

NEW YORK/LONDON: World stock markets stabilized on Tuesday and oil prices regained ground a day after heavy selling of risk assets, as investors assessed the level of contagion stemming from distress at developer China Evergrande and awaited central bank meetings.

MSCI's gauge of stocks across the globe edged up 0.13%, following Monday's biggest percentage drop in two months. Wall Street's main indexes ended mixed after solid equity advances in Europe.

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