Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Donate through PayPal
The Breakfast Briefing: Stocks On Track For Weekly Gains As Growth Fears Ease
FYI: Stocks in Europe and Asia moved slightly higher Friday, keeping major world markets on track for another week of solid gains.
The Stoxx Europe 600 edged up 0.1% in early trading, putting it on course to end the week 1.7% higher. Oil-and-gas companies led Friday’s advance as Brent crude oil rose 0.6% to $62.06 a barrel, a climb of nearly 9% so far this week.
In Asia, Hong Kong’s Hang Seng advanced 0.4% and Japan’s Nikkei rose 1% ahead of a long weekend, with both indexes rising around 4% this week.
S&P 500 futures pointed to a flat open on Wall Street after five straight sessions of gains and an increase of 2.6% for the index so far this week. Regards, Ted