Share report: markets surge but Facebook falls

US and European shares climbed but Facebook marked its second day of trading with a 14 per cent drop.

21st May, 2012
Facebook shares fell in New York.

European shares climbed, rebounding from last week’s biggest selloff since September, as China’s pledge to boost growth outweighed concern that Greece may be forced to leave the euro zone.

Dublin’s ISEQ recovered from earlier losses and finished up 0.6 per cent. It had been led down by a 2.1 per cent fall in Ryanair after it posted record profits but a cautious outlook. But the airline finished the day up 0.4...

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