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Global stocks stage rebound after selloff, U.S. jobs data awaited

Reuters  |  LONDON 

By Ritvik CarvalhoLONDON (Reuters) - Global stocks staged a modest rebound on Friday with Asian and European markets gaining after a selloff the previous day, while crude oil edged up after indications Russia would contribute a bigger output cut than previously suggested to producers.The pan-European STOXX 600 index was up 1.1 percent by 1222 GMT, after falling as much as 3.2 percent during Thursday's rout, which was triggered by the arrest of the chief financial officer of Chinese smartphone-maker Huawei in Canada.The arrest, coming on the heels of a 90-day trade truce between the United ...

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First Published: Fri, December 07 2018. 18:29 IST