Global Stocks Rise as Oil Pullback and Solid Data Lift Sentiment
Global stocks were headed higher after oil prices fell sharply, reversing some of the gloom from Friday’s US tech rout. The Nasdaq was up 1.2% and the S&P 500 rose 1% at the open.
By Stefano RebaudoGlobal stocks were headed for gains on Monday after oil prices declined sharply, reversing some of the gloom cast by Friday's rout in US tech shares.In New York, US stock indexes opened higher, with the Nasdaq TVC:IXIC up 1.2% and the S&P 500 up 1%. SpaceX NASDAQ:SPCX and Amazon N…