Stock markets recover from momentary slump amidst fresh Asia setback


European stocks extended gains at midday on Monday, shrugging off a weaker overnight performance in Asia.

The pan-European Stoxx 600 index was up 0.74% with all regional bourses higher. Asian shares slipped on news of fresh regulatory crackdown on Chinese firms, LSE reports.

Russ Mould, investment director at AJ Bell, said the Chinese...