Stock markets, oil price rebound as countries ease lockdowns
By ELAINE KURTENBACH AP Business Writer
BANGKOK (AP) — World stock markets and the price of oil are up as more countries ease restrictions on business and public life, raising hopes for a recovery from a historic economic plunge. Some major Asian markets were closed for holidays. European indexes and Wall Street futures are up over 1%. The U.S. benchmark for oil is up about 10%. This is another busy week for markets, with a slew of corporate earnings reports due, including more than 150 companies in the S&P 500. On Friday, the U.S. government will also show how many jobs were lost during April.