LONDON—Stock markets roared higher on Wednesday, reversing much of the previous session’s losses, as investors used the dip in prices to bet the latest COVID-19 variant would not derail the economic recovery.
The EUROSTOXX rose 1.1 percent in early trading while Britain’s FTSE 100 rallied 1.3 percent and Germany’s DAX 0.75 percent. Wall Street futures pointed to a strong open.
