Stocks Edge Higher but Set Weekly Decline on US Election Nerves; Crude Oil Rises

GLOBAL MARKET - NEW YORK. Global stocks were trading higher on Friday, although they were set for a weekly loss amid U.S. election jitters, while oil prices rose, buoyed by Middle East tensions.

Republican former President Donald Trump and Democratic Vice President Kamala Harris are neck and neck in crucial swing states in the Nov. 5 U.S. election, and investors are anxious about a contested result roiling world markets and unleashing fresh geopolitical uncertainty.

Read Also: FOREX-Dollar Gains for Fourth Week as Investors Grow Jittery