Article content

World shares steadied after falling to a near four-month low on Tuesday as a bounce in battered emerging market currencies and a positive start for Wall Street helped lift some of the recent gloom.

[np_storybar title=”How investors can handle emerging market woes” link=”http://business.financialpost.com/2014/01/31/how-investors-can-handle-emerging-market-woes/”]ETF Focus: Three things Canadians need to consider if they want to position their portfolios to capitalize on expected higher global growth in 2014.Find out more

[/np_storybar]

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or Global stocks steady after sickening morning plunge Back to video

A weaker-than-expected report on U.S. factory activity had hit global equity markets and the dollar hard on Monday but European shares had clawed back most of their morning losses by the time Wall Street reopened.

After the previous session’s pounding, the S&P 500 and Dow Jones Industrial indexes opened slightly higher while many hard-hit emerging currencies rose from their recent lows.