Global stocks surge to 10-week high on recovery hopes

LONDON/SINGAPORE (Reuters) - Global stocks rose to a 10-week high on Wednesday as investors regained hopes of recovery from a coronavirus-fuelled recession, while oil prices also strengthened. Italian bonds remained at their multi-week lows, continuing to gain from a Franco-German plan for a 500 billion-euro coronavirus recovery fund, ignoring a hawkish counter-proposal in the works.Europe's STOXX 600 index recovered from earlier losses to add 0.4%. The blue-chip FTSE 100 gained 0.4%.U.S...