European Stock Indices Regain Ground After Selloff, But Greece Bucks Trend on Political Worries

Europe’s major stock indices recover from Tuesday’s selloff, following Chinese stocks higher amid hopes weak price data will encourage the People’s Bank of China to relax monetary policy in order to spur growth. But Greek indices continue to fall with Greek government bonds amid worries next week’s snap presidential elections could lead to the anti-austerity Syriza party taking power, and unleash carnage for investors. Switzerland’s Sika builds on two days of losses following Cie. St. Gobain’s controversial stake purchase, and in the U.K. restructuring outsourced services provider Serco rises on a contract win.