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Global stocks gain as risk appetite returns; oil rebounds

Reuters  |  NEW YORK 

By Lewis KrauskopfNEW YORK (Reuters) - A gauge of global stocks gained on Thursday, led by Wall Street, and the U.S. dollar touched a two-week high before pulling back as risk appetite returned and investors braced for developments with U.S. policy and for a key U.S. jobs report due on Friday.Major U.S. equity indexes were solidly higher, while oil prices rebounded a day after hitting two-week lows.A U.S. tax bill moving swiftly through Congress has influenced markets in the past month, with investors hoping that deep cuts to corporate tax rates will help further drive the record-setting run ...

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First Published: Fri, December 08 2017. 03:30 IST