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Globak Markets: Stocks rally before earnings, trade war jolt boosts dollar

Reuters  |  LONDON 

By Tom FinnLONDON (Reuters) - World stocks rose for a second consecutive week on Friday as investors prepared for an expected run of strong earnings in the United States, although fears about the U.S.-China trade conflict kept gains in check and pushed the dollar higher. Expectations of a bumper U.S. earnings season and news that China's overall global export growth beat expectations led European shares up on Friday with industrials and technology sending the pan-European STOXX 600 up 0.2 percent. Markets appeared broadly risk-friendly as a weakening safe-haven yen helped lift Japan's Nikkei ...

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First Published: Fri, July 13 2018. 16:04 IST
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