World stocks gain on stay-at-home profits, bond yields slide

NEW YORK/LONDON (Reuters) - World stock markets edged higher on Thursday on surging shares of Netflix and Amazon.com as investors anticipated big earnings from the coronavirus-induced slowdowns keeping people at home, while bond yields fell as data reflected record U.S. joblessness.Equities markets seesawed for most of the session as dire U.S. jobless claims data underscored a deep recession and tamped down investor hopes the economy would soon be back on its feet.A record 22 million Americans..