Strong economic data buoyed global equity markets on Friday, lifting the Nasdaq to a 12-year closing high and the S&P 500 to a five-year high, while the yen soared after Japan's finance minister said its recent drop had gone too far, too fast. Brent crude oil rose to a nine-month high near US$119 a barrel and copper prices advanced for the first time in four days.
Strong economic data buoyed global equity markets on Friday, lifting the Nasdaq to a 12-year closing high and the S&P 500 to a five-year high, while the yen soared after Japan’s finance minister said its recent drop had gone too far, too fast. Brent crude oil rose to a nine-month high near US$119 a barrel and copper prices advanced for the first time in four days.
Reuters
