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GLOBAL MARKETS-Stocks near highs on recovery bets as oil extends rally above $70


LONDON, June 2 (Reuters) - Stock markets hovered near record highs on Wednesday as investors cheered the latest evidence of a sustained rebound in global economies and as stronger oil prices lifted energy stocks.
The mood was less buoyant than on Tuesday, however, as traders waited for crucial U.S. jobs data on Friday to assess what the increasing evidence of a faster-than-expected economic recovery would mean for central bank policy in the United States and Europe.
A strong expansion in U.S. and European factory activity in May had lifted world shares to record highs on Tuesday.
The broad Euro STOXX gained 0.16% to slightly below Tuesday’s record high. British shares’ initial gains fizzled with the FTSE 100 last up 0.1%, while Germany’s DAX and the French CAC 40 gained 0.2%. ....

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