World stocks stabilize as focus remains on dollar drop
TOKYO (AP) — Stocks mostly edged up Thursday despite a drop in Asian benchmarks as investors weighed the potential impact of a sharp drop in the dollar this week.
KEEPING SCORE: Germany's DAX was up almost 0.1 percent to 13,418 and the CAC 40 in France rose 0.4 percent to 5,518. Markets were awaiting comments from the European Central Bank, which was due to keep its policies unchanged. Britain's FTSE 100 was flat at 7,645. Wall Street looked set for small gains on the open, with both S&P 500 futures and Dow futures up 0.2 percent.
DAVOS FACTOR: The dollar fell to a three-year low against the euro and dropped sharply against other currencies on Wednesday after U.S.