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The Breakfast Briefing: Global Stocks Jump To End A Bumpy Week
FYI: Global stocks climbed Friday to erase much of the week’s declines as investors assessed fresh signals on the health of the corporate sector and the world economy.
The Stoxx Europe 600 was up 0.6% in early trading after narrowly snapping a three-day losing streak in the previous session. Markets in Japan, Hong Kong and South Korea were all up 1% or more, while futures pointed to a 0.5% opening rise for the S&P 500 after it ended Thursday marginally higher.
World stocks got off to a rocky start this week after data Monday showed China’s economy grew at the slowest pace in nearly three decades last year. Since then, however, better signals on the economic outlook and encouraging corporate results have helped many markets recover. Regards, Ted
