Posted 11/6/2023, 9:42:00 AM
Stocks Mixed as Recession Fears Hit Europe; Oil Gains on Saudi-Russia Supply Pledge
- World shares mixed as recession worries hit Europe, futures rise after Saudi-Russia oil supply pledge
- European markets barely move as economic surveys show worsening business activity
- Asia stocks jump after Wall St closes best week in nearly a year on rate cut hopes
- Bank of Japan head says country making progress to inflation target but more needed
- Oil prices gain over $1/barrel after Saudis and Russia reiterate supply cut commitment