Global stocks rise as commodities climb on recovery hopes
Commodities soar to multiyear highs as focus shifts to US non-farm payrolls report
07 May 2021 - 08:55
Tokyo — Global stocks headed for their first weekly gain in three amid a surge in commodity prices, while traders braced for a key US jobs report later on Friday that could provide clues on when the Federal Reserve will ease back on monetary stimulus.
MSCI’s benchmark for global equity markets, which tracks stocks in 50 countries, edged up about 0.1%, on course for a 0.4% gain this week...
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