Rolling coverage of the latest financial news, as the US jobs report unveils the impact of the Covid-19 lockdownCoronavirus latest: at a glanceSee all our coronavirus coverage 2.45pm BST US stocks have extended their gains, with the Dow now trading higher by 3%. 2.44pm BST Global oil prices have climbed to three month highs above $40 a barrel on Friday, after reports emerged that members of the Opec oil cartel will agree to extend their historic oil production cuts.It now seems very likely that OPEC+ will meet tomorrow to hash out a deal to extend the current May-June deep cuts for one more month. Continue reading…
Via: US unemployment rate unexpectedly falls to 13.3% in May – business live
Categories: English News