Equities rally as oil bounces off multi-year lows

By Chuck Mikolajczak NEW YORK (Reuters) - Global equity markets rallied on Tuesday as oil prices moved away from multi-year lows, though investors remained mindful of the possibility for more volatility ahead of a widely anticipated increase in U.S. interest rates later this week. Oil reversed early falls as bargain hunters moved in after crude dropped to its lowest level since December 2008 in the prior session. "I would use the word 'relief' that oil is not down, that is a good thing," said An