Dollar climbs, stocks steady as markets await U S data - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
The dollar hit a multi-week high on Friday while European stocks, oil and gold steadied as markets braced for further signs the U.S. economic recovery could drive inflation and an early withdrawal of Federal Reserve stimulus. U.S. Treasury yields remained elevated after jumping overnight, while the dollar held onto its biggest gain since April, after .
LONDON Stocks and gold rallied while the dollar fell on Friday, as a weaker-than-expected U.S. jobs report eased concerns that a strong recovery in the…