Stocks Climb Before Earning Season; Dollar Slips: Markets Wrap
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Pound in focus as Brexit secretary quits May’s government
- Earnings season begins in U.S. this week after jobs strength
European stocks followed advances across Asia and U.S. futures gained as investors set aside concern about escalating trade tensions to focus instead on the upcoming earnings season. The dollar fell against major peers.
Miners and energy companies were among the biggest winners in the Stoxx Europe 600 Index as the benchmark gauge headed for a fifth consecutive advance, the longest winning streak since March. Contracts on the S&P 500, Dow and Nasdaq all pointed higher and the MSCI Asia Pacific Index was on course for the biggest jump in a month. Commodities and emerging-market equities found support from the weakening greenback, while Treasuries fell. The Chinese yuan rose and the British pound climbed even as the government lurched into yet another crisis…
Stocks Climb Before Earning Season; Dollar Slips: Markets Wrap
