You are here: Home » Reuters » News
Business Standard

Stocks hit two-week high as U.S. jobs report spreads relief

Reuters  |  LONDON 

By Kit ReesLONDON (Reuters) - Global shares hit a two-week high on Monday as favourable U.S. jobs data whetted risk appetites, while sterling brushed off the resignation of two ministers over Britain's departure from the EU, with traders focused on the likelihood of a "soft Brexit".The MSCI world equity index, which tracks shares in 47 countries, rose 0.4 percent, while the pan-European STOXX 600 index was up 0.5 percent, led by a strong bounce across mining and energy stocks.The pound regained ground after an earlier wobble after news broke that Brexit Secretary David Davis and Minister ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, July 09 2018. 17:08 IST