Stocks bounce on oil boost; dollar stems slide vs yen
Traders work on the floor of the New York Stock Exchange (NYSE) February 24, 2016. REUTERS/Brendan McDermidMoreBy Chuck Mikolajczak
NEW YORK (Reuters) – Global equity markets bounced, paced by a jump in oil prices on Friday, but were still on track for a weekly decline while the dollar managed to stem its slide against the yen.
Stocks on Wall Street and in Europe were lifted by energy names, with Brent and U.S. crude oil jumping more than 6 percent as drawdowns in U.S. crude stockpiles fed
Read more »