World stocks rise; dollar dips on U.S. labor data, yuan surge

By Saqib Iqbal Ahmed NEW YORK (Reuters) - Global equity prices shrugged off weakness on Wall Street to cling to gains after hitting their highest level since mid-2015 on Thursday, bolstered by strong Chinese data that added to optimism about global growth and inflation. The dollar slipped against a basket of major currencies after U.S. inflation and unemployment data failed to reverse a downtrend that followed some of the biggest gains on record for China's yuan. U.S. Treasury debt yields slippe