NEW YORK, United States – Global stocks were mixed Thursday as oil surged, Airbnb sparkled in its stock market debut and the British pound fell on the growing risk of a no-deal Brexit.
Oil prices leapt higher as traders looked for economic activity to pick up as coronavirus vaccines are rolled out, and the enlarged OPEC+ group stuck to its deal for a smaller output hike.
The contract for Brent crude rose to $50 for the first time since March 6.
Meanwhile, the European Central Bank unveiled its latest economic forecasts after providing more stimulus to help eurozone members withstand the impact of the coronavirus pandemic.
Equity gains were …
Keep on reading: Global stocks mixed as pound sinks and Airbnb surges