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Global Markets: Stocks hit two-week high as banks lead ahead of earnings

Reuters  |  NEW YORK 

NEW YORK (Reuters) - Global stocks hit a two-week high on Monday with bank shares leading the drive higher ahead of earnings reports from the biggest U.S. lenders later in the week, while sterling took at hit after another British cabinet resignation.The MSCI world equity index , which tracks shares in 47 countries, rose 0.80 percent. Wall Street notched a third straight day of gains as investors continued to take solace from Friday's balanced U.S. payrolls report, which overshadowed the tit-for-tat trade battle underway between Washington and Beijing.The S&P 500 Index gained 0.80 percent, ...

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First Published: Tue, July 10 2018. 01:14 IST