NEW YORK/LONDON: World stock markets edged higher on Thursday on surging shares of Netflix and Amazon.com as investors anticipated big earnings from the coronavirus-induced slowdowns keeping people at home, while bond yields fell as data reflected record U.S. joblessness.
Equities markets seesawed for most of the session as dire U.S. jobless claims data underscored a deep recession and tamped down investor hopes the economy would soon be back on its feet.
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