GLOBAL MARKETS-Stocks at record highs as US data leaves June Fed cut bet intact

Stocks hit new peaks on Friday as mixed U.S. jobs data did little to shake markets' conviction that the Federal Reserve will begin cutting interest rates in June. Data before the opening bell on Wall Street showed U.S. job growth accelerated in February, but a rise in the unemployment rate and moderation in wage gains kept on the table an anticipated rate cut in June by the Fed. "The immediate takeaway is the focus on the unemployment rate going from 3.7% to 3.9%," said Robert Pavlik, senior portfolio manager at Dakota Wealth.