Global equities on track for first weekly gain in three weeks
Shares are stronger amid a surge in commodity prices, while traders brace for release of nonfarm payrolls data
07 May 2021 - 11:46
London — Global stocks headed for their first weekly gain in three weeks amid a surge in commodity prices, while traders braced for a US jobs report later on Friday that could provide clues on when the Federal Reserve will ease back on monetary stimulus.
European stocks opened higher, with the pan-European Stoxx 600 index hitting a record high as strong data from Germany and other major economies added to the hope of a swift recovery from the pandemic shock...
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