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LONDON: World shares rose slightly led by Europe on Monday after last week’s rout in US tech stocks, though investors worried that any rally could be short-lived and valuations remained high against the backdrop of a global economy in recession.
Market activity was subdued with the United States closed for the Labour Day holiday, though Nasdaq futures fell 0.4pc.
European bourses, which have fewer technology stocks compared with the United States, started the week in the black, driven by a 2pc gain in Germany’s DAX and London’s FTSE 100.