GLOBAL MARKETS-Shares stanch bleeding after selloff


The Dow Jones Industrial Average rose 90.93 points, or 0.27%, to 34,390.92, the S&P 500 gained 6.86 points, or 0.16%, to 4,359.49 and the Nasdaq Composite dropped 34.24 points, or 0.24%, to 14,512.44.The pan-European STOXX 600 index rose 0.6%, with investors looking past a 2.2% fall in the previous session.MSCI's gauge of stocks across the globe shed 0.27%.

NEW YORK: Investors sought to stanch the bleeding on Wednesday after world stock markets suffered their worst rout since January and U.S. and European borrowing costs raced to their highest in months.

Stock indices in the United States and Europe staged a partial recovery after a heavy sell-off on Tuesday consigned Wall Street to its steepest drop since mid-July.

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