💨 Abstract

Global stocks stabilized on Friday, awaiting the U.S. jobs report, with investors optimistic about avoiding a full-blown trade war. The yen strengthened due to expectations of additional rate hikes in Japan this year. European stocks recorded their best performance in a decade against Wall Street, but concerns persist about sustaining these gains. Asian tech stocks rallied, boosted by Chinese retail investors' interest in AI.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖