World shares near four-month high, ignoring Covid-19
Chinese shares charged to their highest level in five years, as European markets stalling took some traders by surprise
03 July 2020 - 12:20
London — World shares edged towards a four-month high on Friday and industrial bellwether metal copper was set for its longest weekly winning streak in nearly three years, as recovering global data kept nagging coronavirus nerves at bay.
The market rally fueled by record US jobs numbers had largely blown itself out amid a spike in US Covid-19 cases, though the fastest expansion in China’s services sector in more than a decade and more stimulus ensured optimism remained...
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