Global Stocks Rise and Oil Futures Jump on Recovery Optimism
-
Summary:
June 1, 2021 5:14 am ET
Order Reprints Print Article
Getty Images
Global stocks rose on Tuesday, on optimism over the worldwide economic recovery.
Though Tokyo and Sydney stocks ended with slight losses, other markets advanced in Asia, with the Hang Seng rising 1.1% and the Kospi Composite adding 0.6%.
The Stoxx Europe 600 rose 0.8%, putting the index on track for a fresh record high. U.S. stock futures gained ground, after the S&P 500 ended 0.6% higher in May.
The Institute for Supply Management’s manufacturing report is due for release, the first of several key economic indicators set for release this week. On Monday, the Organization for Economic Cooperation and Development forecast the global economy would grow at the fastest pace since 19 ...
Read Full News: https://www.barrons.com/articles/global-stocks-rise-and-oil-futures-jump-on-recovery-optimism-51622538869