TAKE-A-LOOK: World stocks and oil gain on US jobs data

NEW YORK, May 6 (Reuters) - U.S. stock and crude oil markets rallied on
Wednesday as a U.S. report indicating private sector job losses in April were
slowing gave investors another sign the worst of the recession may be past.
The gains in major U.S. stock indexes mirrored advances elsewhere in the
world with the benchmark MSCI world equity index .MIWD00000PUS staying close
to a 4-month high, helped by better-than-expected results from BNP Paribas and
rising optimism that capital shortfalls at banks will be manageable.

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MARKET REPORTS:
> GLOBAL MARKETS-Stocks and oil gain on US data [ID:nN06257357]
> MONEY MARKETS-US 2-year swap spread tightest since 2007 [ID:nN06257709]
> EMERGING MARKETS-Assets at highest since Oct 2008 [ID:nN06306368]
> COMMODITIES-Rally resumes on encourging jobs numbers [ID:nN06267209]
MAIN ECONOMIC AND FINANCIAL NEWS DRIVING GLOBAL MARKETS
> US's Geithner says no stress tests banks insolvent [ID:nN06300175]
> US government outlines stress test capital targets [ID:nN06636128]
> Bank of America, Citi, Wells Fargo need capital after tests [ID:nL6943131]
> Private sector jobs data adds to US economic hopes [ID:nN06133099]
> Private equity group Blackstone reports loss [ID:nN06541975]
> US mortgage applications up despite jump in rates [ID:nN06546790]
> Eurozone retail sales in record fall in March, ECB cut seen [ID:nL6612695]
> UK services sector data hint economy nearing trough [ID:nL6945663]
> UK house prices fall 17.7 pct year on year [ID:nL6575051]
> Bankruptcy judge mulls Chrysler plan, GM talks loom [ID:nN05475762]
ANALYSIS RELATED TO GLOBAL ECONOMIC CRISIS
> Stress tested US banks may offer new shares [ID:nN06149445]
> Blistering pace of stock rally raises warning flags [ID:nL6211042]
> US jobs data a stress test of its own [ID:nN01341566]
> Union, government control of US automakers seen a risk [ID:nN30154284]
> Mexico faces deeper recession on swine flu outbreak [ID:nN30198214]
> China growth seen boosting miners, autos, chemicals [ID:nLS802283]
> What the Fed is considering at this week's meeting [ID:nN27611182]
> Fed seen holding fire this week, taking stock of actions [ID:nN24447363]
> G20 pledges make hard work for finance ministers [ID:nLQ570304]
> China's big gold buy barely kept pace with forex [ID:nSP417869]
> US officials walk tightrope on bank stress tests [ID:nN22535525]
> Few patients ready to take new IMF vaccine [ID:nN23550135]
FACTBOXES
> Summary of US stress-tested banks' capital needs [ID:nN06296381]
> Details of Chrysler bankruptcy, restructuring plan [ID:nN30323164]
> Fed purchases of agency MBS through April 22 [ID:nN28448776]
> TEXT-G7 communique-April 24 [ID:nN24515491]
> World government actions to limit bank bad loan damage [ID:nLL193589]
> Major US financial regulation reform initiatives [ID:nN20382395]
> Where has all the US bailout money gone ? [ID:nN0289041]
> G20 summit final communique [ID:nL2577733]
> Key Obama financial regulation proposals [ID:nN26484944]
> US Treasury details toxic asset plan [ID:nLN437165]
> Q&A - How will the US asset clean up plan work ? [ID:nN23293892]
> US Treasury fact sheet on investment program [ID:nN23190502]
> Federal Reserve statement after March 17-18 meeting [ID:nN18366605]