Global stocks bounce back as market jitters ease

US stocks have their best trading day since November 2022, after lower unemployment claims boost sentiment.

British Broadcasting CorporationWatchHomeNewsSportBusinessInnovationCultureTravelEarthVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS ElectionUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC VerifySportBusinessExecutive LoungeTechnology of BusinessWomen at the HelmFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureTravelEarthVideoLiveAudioWeatherNewslettersGlobal stocks climb as US recession fears easeReutersTraders on Wall Street had a better end to a rocky weekThe stock index of the UK's biggest publicly-listed companies edged higher on Friday after concerns eased over the state of the US economy.

The FTSE 100, which is made up of the country's biggest businesses including banks, airlines and housebuilders, rose in early trading.

It follows stronger trading in the US where stock markets had their best day in almost two years on Thursday.

Global financial markets have been spooked in the past seven days over fears that world's biggest economy could be heading for a slowdown.

But on Thursday, official data revealed US unemployment claims rose by less than expected.

https://www.bbc.com/news/articles/c8dpm9n2g6go

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