US and European stocks gain; Nasdaq adds 2.48%
Stock markets in the US and Europe gained on Thursday thanks to liquidity support to Credit Suisse by the Swiss central bank and a rate hike by the European Central Bank (ECB) that helped allay fears of a deepening banking crisis.
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Joanna Swanson is Europe correspondent at the Thomson Reuters Foundation based in Brussels covering politics, culture, business, climate change, society, economies and inclusive tech. With specific focus in breaking news, she has covered some of the world's most significant stories.