By Atul Prakash. LONDON (Reuters) - Global stocks climbed on Monday, with strong U.S. data and encouraging third-quarter earnings easing concerns about the pace of global economic recovery and raising appetite for riskier assets.
The recent drop in oil prices will likely be top of mind for investors as Canada's top oilpatch players release their third-quarter results over the next few weeks.
Asian stock markets rose Monday, led by a 4 per cent surge in Japan, after Wall Street's rebound eased nerves about the outlook for the world economy and investors looked ahead to a report on China's economic growth.
A Wal-Mart store's grand opening in Los Angeles in 2013. The company plans to open fewer stores next year. Bloomberg, File. A Wal-Mart store�s grand opening in Los Angeles in 2013.
The company, which pegged its 2015 earnings estimate at $10 a share, said the results reflected the �true strength� of its business.