Global shares turn higher as investors reassess ECB actions

SEOUL, South Korea (AP) — Global shares rose Friday with Europe off to a strong start as investors reassessed an unexpectedly wide array of stimulus measures announced a day earlier by the European Central Bank.

[...] after initially heading southward, Asian markets mostly bounced back, followed by the upbeat opening in Europe.

ANALYST'S TAKE: "Running out of grenades isn't a bad thing," IG market strategist Evan Lucas said in a commentary, referring to the conviction among some commentators that the ECB has "run out of easing ammunition."

Benchmark U.S. crude added 80 cents to $38.65 per barrel in electronic trading on the New York Mercantile Exchange.