![Global stocks drop as rising coronavirus cases in Europe worry investors - with all eyes on Jerome Powell.](https://cdn.newsserve.net/ONPglobe256.png)
Global stocks drop as rising coronavirus cases in Europe worry investors - with all eyes on Jerome Powell.
Stocks were edging higher on Wednesday, helped by a recovery in banks and industrial stocks. Bond yields were steady after rising..
4:05pm: US equities end higher after Fed speak US stocks climbed higher after the Federal Reserve upgraded its economic outlook..