Global markets rebound as investors snap up bargains

The Dow Jones opened up 1.81% or 195 points, to 11,012, buoyed by gains across Europe and with investors expecting a boost later in the week from the all-important Jackson Hole speech. Last year Federal Reserve chairman Ben Bernanke buoyed markets after hinting at a second round of QE, and this year investors will be listening out for any further plans to stimulate the economy. Ahead of the speech, investors were positive, with the S&P 500 also up 1.59% or 18 points, to 1,141. Meanwhile in the UK the FTSE 100 has started the week brightly, having been lifted by resources stocks pos...