Global markets lift slightly
However, clouds returned to the US labour market outlook, with weekly jobless claims back over one-million
21 August 2020 - 10:54
London — Global stock markets enjoyed cautious gains on Friday, taking their cue from Wall Street tech shares, but tepid economic data and lofty valuations reined in the advances in the wake of huge rally that has wiped out coronavirus losses.
Global stocks advanced 0.2% while the pan-European Stoxx 600 climbed 0.4% after healthy gains in Asian-Pacific bourses in the wake of US tech shares closing higher on Thursday, shrugging off some sombre unemployment data in the world's top economy...
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