Global stocks remain at record levels as economic rebound gains momentum
Investors shift their focus to central banks’ reaction to faster-than-expected recovery from Covid-19 pandemic
02 June 2021 - 13:29
London — Stock markets hovered near record highs on Wednesday as investors cheered the latest evidence of a sustained rebound in global economies and stronger oil prices lifted energy stocks.
The mood was less buoyant than on Tuesday, however, as traders waited for crucial US jobs data, due on Friday, to assess what the increasing evidence of a faster-than-expected economic recovery would mean for central bank policy in the US and Europe...
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