NEW YORK: Stocks closed slightly higher on Friday as investors shrugged off early worries about dismal jobs data, while bonds rallied on the view that interest rates will remain low for months to come.
The dollar dropped to a three-year low against the euro on a weak economic outlook. Oil prices fell on expectations that Opec will boost crude production at an emergency meeting this weekend.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
