Global stocks nudge higher as investors focus on economic recovery

Global stocks edged higher on Thursday, as investors waited for new cues as they consider growing signs of economic recovery against rising coronavirus cases in some parts of the world. The European composite Stoxx 600 rallied 0.4 per cent in early trading, while the UK’s FTSE 100 wavered close to flat. Germany’s Dax rose 1 per cent as data showed exports from Europe’s largest manufacturing economy had begun to recover in May.

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