U.S., European stocks up after earlier losses, dollar gains, as central banks act

WASHINGTON/LONDON (Reuters) - European and U.S. stocks climbed on Thursday, recovering from earlier losses, in a sign of tentatively more stable markets, as central banks across the world moved to stem a coronavirus-induced financial rout in moves that boosted bonds and provide more access to the dollar.The U.S. Federal Reserve opened the taps for central banks in nine countries to increase the availability of dollars for contracts made in the U.S. currency in hopes of loosening particularly..