• Global Stocks

Market news

1 May 2017

Global Stocks

European stocks posted mild losses Friday, with investors pushing up both the euro and the pound against the dollar following top-tier economic data for the eurozone and the U.K.

U.S. stocks finished lower Friday as investors traded cautiously ahead of the weekend marking President Donald Trump's 100th day in office, and as a lack of details in the president's much-heralded tax plan gave investors pause. However, all three major equity benchmarks closed out April firmly in positive territory.

Asian stocks struggled for traction on Monday after weaker-than-expected U.S. economic growth data, while the dollar dropped against the yen amid tensions over North Korea and slipped versus the euro on evidence of strong euro zone inflation.

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