Coming on the heels of fresh stimulus measures from the
Separately, second estimates released by
Asian stocks are trading mostly higher, although gains were capped by a stronger dollar amid rising US Treasury Yields. Investors are also watching the latest developments in
The US economic calendar for the week is light, with investors awaiting reports on retail sales, producer prices and consumer sentiment later in the week for fresh signs the economic recovery is gaining traction.
Closer home, investors will keep an eye on the euro zone's Sentix investor confidence index slated for release at
In corporate news,
European stocks rose for a second straight session Friday, reflecting the twin boost from Thursday's announcement of ECB stimulus action and the solid US jobs report. The German DAX rose 0.4%, while
US stocks rose on Friday on optimism about the economic outlook after the May payrolls report showed the economy added over 200,000 jobs for the fourth month in a row. The Dow and the S&P 500 rose about half a percent each to fresh record closing highs, while the tech-heavy Nasdaq added 0.6%.
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