Financial Times | Stocks firm as oil rebounds off $30 Financial Times US and European equities gauges are firm amid choppy action as a volatile oil price around $30 a barrel dominates trading. After the FTSE Asia Pacific index shed 1.6 per cent — with sentiment hit by a 6.4 per cent fall in Shanghai — the pan-European ... China stocks close 6.4% lower as sinking oil drags down Asia markets Global oil glut sends US stock markets plummeting Oil slides below $30 US as Iraq ramps up production |