World stocks climb on China trade relief


The Dow Jones Industrial Average rose 211.25 points, or 0.89%, to 23,875.89, the S&P 500 gained 32.77 points, or 1.15%, to 2,881.19, and the Nasdaq Composite added 125.27 points, or 1.41%, to 8,979.66, .MSCI's gauge of stocks across the globe gained 0.93%.

NEW YORK: World shares rose on Thursday after China's exports came in far stronger than expected, suggesting an economic recovery was under way, but the dollar fell from two-week highs as U.S. data showed millions more Americans joined the ranks of the unemployed.

Gold jumped 2% as the weak U.S. data heightened fears over a coronavirus-induced global downturn.

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