Saturday, 27 February 2016

Stocks finish mixed

Markets finished mixed on Friday.

The S&P 500 fell 0.2 percent but the STOXX Europe 600 jumped 1.5 percent, the Shanghai Composite Index rose 0.9 percent and the Nikkei 225 rose 0.3 percent.

Longtime bull Tom Lee told CNBC on Friday that "investor confidence has been shattered" but thinks that a recession is not likely.

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