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Stocks bulls slow their charge, bitcoin back above $50,000

Published by
Reuters

By Marc Jones and Wayne Cole LONDON (Reuters) – Record-high world stocks slowed their charge on Thursday as concerns grew over the Chinese economy after a run of soft data, while the risk of a sub-par U.S. payrolls report kept the dollar on the defensive. A raft of Asian manufacturing surveys overnight had suggested supply bottlenecks were still tightening, while in Europe Spanish unemployment fell again, Swiss GDP data disappointed and Hungary producer price inflation came in at an eye-watering 14.8%. The pan-European STOXX 600 index crawled up 0.3% supported by travel, oil, car and chemicals…

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