Global stocks stuck in worst run of the year ahead of ECB
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6 Min ReadLONDON (Reuters) - World stocks were stuck in their worst run of the year and bonds were on the rise on Thursday, as investors waited for confirmation that the European Central Bank will start shoveling cheap cash at the euro zone again. The ECB was holding its second meeting of the year, and with the euro almost motionless and stocks [.EU] suffering from the same growth nerves that will see the central bank chop its in-house forecasts later, markets were poised. Wall Street’s main indexes had fallen for a third straight session, with the S&P; 500 posting its biggest one-day decline in a month, as investors sought reasons to buy after a near 20 percent rally since the start of the year.
As said here by Marc Jones