European Economy: US shares end on a high as European stock markets rebound

Shares in Europe and US have rebounded after a turbulent week in which stock markets tumbled to multi-month lows.

On Friday US stocks closed more than 1% up, with the S&P 500 posting its biggest gain in more than a week.
Europe's main indexes closed higher, having fallen sharply over concerns that the global economic recovery was running out of steam.

Despite the rises, Charles Stanley's Jeremy Batstone-Carr saying: "I'm not sure we're out of the woods."
Poor economic and corporate data, along with worries about the impact of the Ebola crisis, had sent stock markets into a nosedive.

 Read more: BBC News - US shares end on a high as European stock markets rebound