Global stocks were mixed Monday as investors weighed the implications of the USB takeover of Credit Suisse, an emergency deal meant to ward off a broader banking crisis.
European markets edged higher in choppy trading after the weekend agreement, with the Pan-European Stoxx 600 index climbing 0.4 percent, Britain’s FTSE 100 gaining 0.
3 percent and Germany’s DAX adding 0.5 percent. But Asian markets slumped, with Hong Kong’s Hang Seng Index tumbling 2.7 percent and Japan’s Nikkei shedding 1.4 percent.
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