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Global stocks gain, dollar hits two-week high as risk appetite returns

Reuters  |  NEW YORK 

By Lewis KrauskopfNEW YORK (Reuters) - Major world stock markets advanced on Thursday and the U.S. dollar rose to a two-week high as risk appetite returned and investors kept an eye on U.S. political developments and awaited a key U.S. jobs report due out on Friday.Wall Street's main equity indexes rose, 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 in equities.U.S. Senate Republicans ...

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First Published: Fri, December 08 2017. 01:15 IST