Stocks Head for Weekly Advance; Dollar Holds Gain: Markets Wrap

(Bloomberg) — Stocks headed for a weekly advance, recovering after second-wave infection fears spooked investors last week, while the dollar retained most of its gains from the risk-off episode.U.S. and European futures drifted Friday ahead of a welter of options expiries on Wall Street. Asia’s benchmarks saw a mixed performance in thin trading in many locations. Treasuries were flat while crude oil rose, with West Texas Intermediate climbing past $39 a barrel. Investors continue to weigh a resurgence in some virus hotspots that may derail an economic recovery against record stimulus measures to help stave off the worst of the …read more

Source:: Yahoo Finance

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