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Treasury yields slipped and the dollar edged higher.
By Sunil Jagtiani and Namitha Jagadeesh, Bloomberg
21 May 2021 10:00
Image: Bloomberg
Stocks rose with US futures on Friday as investor optimism in the prospects for growth got a boost from strong earnings and economic readings.
The Stoxx Europe 600 Index climbed, with Richemont pushing luxury shares higher after the maker of Cartier jewelry reported sales that topped estimates. Contracts on all three US benchmarks were higher, signaling more stock gains after initial jobless claims dropped to a fresh pandemic low on Thursday. Asian shares were mostly higher, although they slipped in China.
Stocks, crude oil rise on optimism over economy bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
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