💨 Abstract

Global stocks rallied on Friday but are set for a weekly decline, while the dollar stalled after its recent rally but found support from a stronger-than-expected U.S. manufacturing survey. stocks gained over 1%, led by consumer discretionary stocks, as investors focused on growth and inflation. The dollar index fell after the Institute for Supply Management (ISM) said a key manufacturing index increased more than expected.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖