GLOBAL MARKETS-Stocks slide, euro boosted by short covering

Newswire

* MSCI World stocks indes down 0.19 pct * FTSEurofirst 300 down 1.2 percent * Euro bounces 0.35 percent to $1.2511 By Claire Milhench LONDON, May 21 (Reuters) - Stocks extended losses on Friday as markets continued to fret that the European debt crisis would nip a stuttering economic recovery in the bud but the euro benefited from a flurry of short covering. Bund futures opened a touch lower but held near an intra-day record high set on Thursday as investors sought safe haven assets. ...

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