GLOBAL MARKETS-Global equities edge higher on hopes of US jobs data


The pan-European STOXX 600 index rose 0.28% and MSCI's gauge of stocks, which tracks shares in 50 countries, gained 0.09%.The Dow Jones Industrial Average rose 25.07 points, or 0.07%, to 34,600.38, the S&P 500 gained 6.08 points, or 0.14%, at 4,208.12 and the Nasdaq Composite added 19.85 points, or 0.14%, to 13,756.33.

WASHINGTON, Global equities markets firmed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called "meme stocks."

Oil prices hit the highest level in more than a year on lift from a decision by OPEC and allies to stick to the plan to gradually restore supply, along with the slow pace of nuclear talks between Iran and the United States.

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