Global stocks were on track for weekly gains Friday as Chinese markets showed signs of stabilizing after a selloff, and data pointed to an acceleration in the eurozone economy. Data released Friday largely pointed to a better-than-expected pickup in the eurozone economy this month. In European stocks Friday, banks were the best performers as they tend to benefit from higher government bond yields. Hong Kong’s Hang Seng, which slid Thursday along with its mainland counterparts, rose 0.5% on Friday, ending the week 2.3% higher. Japan’s Nikkei finished the day up 0.1% and ended the week up 0.7% following a Thursday holiday.

Source: Wall Street Journal November 24, 2017 02:15 UTC