Global stocks rose on Monday after strong U.S. and Germany economic data offset concerns about weak Chinese trade figures. Weak global demand has hampered efforts to shore up Chinese trade and stave off job losses in export industries. ENERGY: Benchmark U.S. crude gained 61 cents to $42.41 per barrel in electronic trading on the New York Mercantile Exchange. "It is easy to check off good-news boxes within this stellar jobs report and tough to find any negatives." CHINA TRADE: China's exports fell again in July compared with a year earlier while a decline in imports accelerated.

Source: ABC News August 08, 2016 06:25 UTC