Equity markets rebounded on Monday after China took steps to stimulate its economy and Wall Street also rose on corporate earnings, while the euro weakened further on worries about Greece. The Chinese central bank on Sunday cut the amount of cash banks must hold as reserves in its latest attempt to spur lending and combat a slowing economy. The news followed reports last week about a crackdown on margin lending there, which had sent global equity markets lower on Friday. "It's primarily a snap-back rally from the very bad day Friday," said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia, ... (full story)