US: U.S. stocks rose, capping their best weekly gain in five years, after Microsoft Corp.'s $44.6 billion bid for Yahoo! Inc. and a plan to rescue bond insurers overshadowed the first decrease in jobs since 2003.
Europe: European stocks climbed after Alcoa Inc. and Aluminum Corp. of China Ltd. challenged BHP Billiton Ltd.'s bid for Rio Tinto Group and Microsoft Corp. offered to buy Yahoo! Inc. for $44.6 billion.
Asia: Asian stocks fell for a fifth week, completing their longest losing streak in more than three years, on concern the U.S. and Japan are sinking into recessions. Mizuho Financial Group Inc. led a decline among financial stocks after reporting losses from subprime-related investments
Commodities: Crude oil fell for a third day in New York, extending a 1.9 percent decline last week, on signs growth in the U.S. economy, the world's largest oil user, may be slowing. Gold may rise on speculation the U.S. Federal Reserve's interest-rate cuts last month will erode the value of the dollar and boost the appeal of the precious metal.
Currencies: The dollar fell for a second straight week against the euro after the Federal Reserve lowered its benchmark lending rate by a half-percentage point to 3 percent and indicated further cuts in borrowing costs may be needed.
Source: Bloomberg
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