Global Stocks Edge Lower as Oil Prices Jump

Brent crude, the global gauge of oil prices, jumps over 10% after the news that OPEC and its allies are planning to discuss Monday reducing production by at least 6 million barrels a day

Stock markets around the world fell Friday, as oil continued its rebound and fresh data showed the unprecedented impact the coronavirus pandemic is having on economic activity.

U.S. futures edged down, with securities tied to the Dow Jones Industrial Average declining 1.3%. In Europe, the pan-continental Stoxx Europe 600 fell 1%.

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