"The correction has seemed to end quickly," said Alan Skrainka, chief investment officer at Cornerstone Wealth Management. Gains were more muted in Europe, although Paris mustered a 1.1 percent advance after strong Airbus earnings sent the aerospace giant up 8.5 percent. Tokyo finished 1.5 percent higher, despite a surge in the yen against the dollar, which tends to hurt exporters. Patrick O'Hare of Briefing.com said inflation fears subsided after spooking investors at the start of the month. However, O'Hare cautioned that inflation fears are not dead, just "in a hibernation stage."

Source: The Nation Bangkok February 15, 2018 23:48 UTC