LONDON—Global stocks see-sawed on Thursday, as a surge in China markets on the back of revived investor confidence helped offset a more muted performance elsewhere, while the euro held steady against the dollar ahead of a European Central Bank meeting.
Chinese blue-chips staged a robust rally, with the Shanghai Composite up 3 percent in its largest daily gain in nearly two years, after a series of measures by Beijing authorities to prop up the economy and the stock market.