World stocks dived today after a failure by Greece’s political leaders to form a coalition government set the stage for new elections next month, keeping Europe’s debt crisis centre stage.

World stock markets rose today, driven higher by a successful bond issue in Europe which eased worries over the continent’s sovereign debt crisis.

World stock markets were mixed today, as encouraging signs about the US economy were tempered by investors’ fears that time was running out for Greece to fix its debt crisis.