U.S. stocks bounced back on Wednesday after five sessions of losses, following strong private sector jobs data and as deflation concerns in the eurozone were seen pushing the bloc's central bank into action.
European shares gained more than 1 percent on bets the first negative inflation in the eurozone since 2009 would trigger a long-awaited move from the European Central Bank to basically begin to print money.
"Speculation that that is finally going to cause the ECB to move forward with some aggressive quantitative easing explained the rally in Europe, and U.S. futures rebounded on that as well," said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois, regarding the early bid on U.S. equities.
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