• China Evergrande settles interest payments on bond
  • MSCI global stock index regains ground for 2nd day
  • Wall Street, European markets post solid gains
  • Oil prices gain, US 10-yr yield little changed
  • Fed policy decision later on Weds in focus

NEW YORK/LONDON, Sept 22 (Reuters) – U.S. and European stocks churned higher on Wednesday as market jitters around property developer China Evergrande eased, while the dollar index edged lower ahead of a U.S. Federal Reserve meeting.

MSCI’s gauge of stocks across the globe (.MIWD00000PUS) gained 0.62%, bouncing back for a second day after it logged its biggest one-day percentage drop in two months on Monday.

Wall Street’s main indexes moved higher in early Wednesday trade following solid gains for markets in Europe.

China Evergrande agreed to settle interest payments on a domestic bond, while the Chinese central bank injected cash into the banking system, soothing investors’ fears of imminent contagion…

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