In this article, we will take a look at the 10 best UK stocks to buy now. You can skip our comprehensive analysis of these British companies and go directly to the 5 Best UK Stocks to Buy Now. The COVID-19 pandemic hit the United Kingdom as hard as the rest of the world, resulting […]
Commodity prices jumped, the dollar slid to a two-month low and major global equity indexes scaled record peaks on Friday after weak U.S. jobs data for April tamped down fears that a booming economy would spark inflation and higher interest rates. The data eased worries the Federal Reserve would reduce its massive stimulus program anytime soon and was seen as helping President Joe Biden push through his plans for trillions of dollars in new spending on infrastructure and education.
European stocks closed at a record high on Friday, marking strong weekly gains as positive economic data and upbeat earnings underpinned hopes of a swift economic recovery from the COVID-19 pandemic. Global stocks rallied to record highs as investors scaled back expectations of policy tapering by the U.S. Federal Reserve, after data showed the U.S. labour market had a long road to recovery from the pandemic.