US markets rose 1.3 per cent in midday trading despite early start fades.
The gains have come despite the global death toll reaching a new milestone at 150,000 as well as China's economic downturn plunging 6.8 per cent last quarter. Analysts are cautious the market will remain volatile and any economic improvement to likely be gradual. Image: AP
Global stocks rise because the market thinks something might happen, could happen, may happen but probably won’t happen.