SINGAPORE—Global stocks rose Friday and Wall Street was set to open higher after heavy losses this week, as investors welcomed news of trade talks between the U.S. and China and braced for U.S. jobs data. The future contract for the broad S&P 500 index rose 1.4 per cent while the Dow future contract climbed 1.3 per cent. The future contract for the broad S&P 500 index rose 1.4 per cent while the Dow future contract climbed 1.3 per cent. “The tide appears to have turned with anticipation for the U.S.-China trade talks commencing next week,” Jingyi Pan of IG said in an interview. Article Continued BelowTraders are meanwhile keeping an eye on U.S. jobs data and a speech by Federal Reserve Chairman Jerome Powell later Friday.

Source: thestar January 04, 2019 12:22 UTC