Stocks guarded ahead of U.S. inflation test

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Reuters

By Danilo Masoni and Wayne Cole MILAN (Reuters) – World shares steadied near record peaks on Monday as risk assets found support from an upbeat U.S. October payrolls report, but they face another test later in the week from a reading on U.S. inflation. The U.S. congressional passage of a long-delayed $1 trillion infrastructure bill also cheered investors, helping crude prices extend their rally, though a broader social safety net plan remains elusive. Data out over the weekend also showed China’s exports beat forecasts in October to deliver a record trade surplus, although a miss on imports ad…

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