GLOBAL MARKETS-Stocks Struggle as China Stimulus Boost Fades

GLOBAL MARKET - LONDON. Stocks globally struggled on Wednesday to maintain momentum fuelled by China's monetary stimulus measures, with crude oil retreating and the dollar under pressure.

European stocks eked out slim gains after opening in the red, following a near 1% advance a day earlier. Oil and gas shares led the losses, falling 0.5% on concerns China's stimulus plans would not do enough to boost demand.