Premarket: World stocks dig in heels, U.S. dollar winning run best since 2014

News Snapshot:

Global shares steadied on Friday as the U.S. dollar headed for its longest winning streak since 2014 on the back of a buoyant U.S. economy, with investors expecting central banks to stand pat on rates over the coming two weeks. The tech sector was in focus after about $200 billion was wiped from Apple’s market capitalization in two days on reports of China curbing iPhone use by state employees and on Friday protectionism fears were weighing on shares of suppliers. The feisty dollar weighed on copper and crude oil prices, with the health of China’s slowing economy and its knock...