Global Markets Mixed as Investors Consider Acquiring Credit Suisse

Global stocks were mixed Monday as investors weighed the implications of Credit Suisse’s USB acquisition, a bailout deal meant to stave off a wider banking crisis.

European markets surged in choppy trading after the weekend deal, with the Pan-European Stoxx 600 index up 0.4 percent, the UK’s FTSE 100 up 0.3 percent and Germany’s DAX up 0.5 percent. But Asian markets slumped, with Hong Kong’s Hang Seng index down 2.7 percent and Japan’s Nikkei down 1.4 percent.