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World stocks near record highs as China, U.S. data back global recovery hopes

by capitalizefinancial
April 16, 2021
in Sports
0
World stocks near record highs as China, U.S. data back global recovery hopes

A batch of Chinese and U.S. economic data helped underpin global stocks near record highs on Friday, as investors priced in a solid global recovery from the coronavirus-induced slump.

In Asia, markets were largely steady after China reported a sharp acceleration in first quarter growth, though the reading slightly undershot expectations while retail sales bounced strongly last month. read more

Shanghai shares (.SSEC) dipped 0.2% while the Chinese yuan eased.

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