05-05-2016 17:24 via news.yahoo.com

U.S., Europe shares rise with oil prices; dollar gains

By Sam Forgione NEW YORK (Reuters) - U.S. and European stock markets recovered on Thursday after a rebound in oil prices boosted energy shares, with some strong European earnings reports also supporting stocks in the region, while the dollar rose ahead of Friday's U.S. employment data. Oil prices jumped 2 percent as a huge wildfire near Canada's oil sands region and escalating tensions in Libya stoked concerns among investors of a near-term shortage in supply. Firmer oil prices also lifted share
Read more »