European stocks were broadly higher on Thursday, though U.K. markets fell as weakness in oil and metal prices hit commodity-related stocks.As inflation worries mount, traders awaited U.S. manufacturing data and an update on the number of Americans applying for unemployment benefits later in the day for further clues about economic recovery and the rate outlook.The pan European Stoxx 600 was margin...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.