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Global markets stabilise, after two days of oil-driven turbulence

Futures linked to the S&P 500 rise, suggesting US shares could gain

International markets regained some poise Wednesday, as investors came to terms with the effects of this week’s spectacular collapse in US oil prices.

Futures linked to the S&P 500 rose 0.8% early Wednesday, suggesting US shares could gain. Regional equity indexes were mixed. The benchmark Stoxx Europe 600 index advanced 0.9%, led higher by Italian and German stocks.

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