European equity markets rose Monday as investors looked past a downgrade of Ireland’s public debt and instead bet on a rebound on Wall Street later after sharp losses last week. Disappointing data in the United States, including a plunge in consumer confidence and weak corporate results, suggested the world’s biggest economy may be in danger of slipping back into recession. That caused significant losses on Wall Street on Friday, but hopes were for a mild rebound on Monday. In...
Full Story: The New York Times
