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World stocks bask in U.S. jobs data glow

Reuters  |  LONDON 

By Abhinav RamnarayanLONDON (Reuters) - World stocks surged to a two-week high on Monday after strong U.S. jobs data at the end of last week helped take the edge off investors' concerns about the potential outbreak of trade war between the United States and other major economies. European shares shot up across the board, following their Asian counterparts, while emerging market currencies strengthened as investors bought up so-called riskier assets and sold "safe haven" securities such as gold and government bonds. Markets have been cheering Friday's U.S. nonfarm payrolls data which showed a ...

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First Published: Mon, March 12 2018. 17:22 IST
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