Asian shares were trading with mild gains on Thursday, shrugging off the worries about coronavirus infections and mixed overnight trade on Wall Street. MSCI s broadest index of Asia-Pacific shares outside Japan was up by 0.15 per cent.
NEW YORK, June 26 ― The S&P 500 shook off concerns about a more hawkish Federal Reserve to post a record high this week, but activity in some areas of the market indicates concern over potential volatility ahead of key economic data and corporate profit reports. US President Joe Biden’s.
Jobs data powers up U.S. stock markets, sends dollar sprawling
NEW YORK, New York - A strong employment report boosted U.S. stocks on Friday. Today, the Bureau of Labor Statistics reported that the American economy added 559,000 jobs in the month of May, and the unemployment rate was 5.8 percent, down from 6.1 percent in April to the lowest point it has been since March of 2020, U.S. Secretary of Labor Marty Walsh said in a statement released on Friday. This data reflects solid continuing job growth and strong evidence that our efforts through the American Rescue Plan to vaccinate Americans and support families, small businesses, schools, and childcare providers are working to reopen and rebuild our economy.
Job numbers boost U.S. stocks, Nasdaq adds 200 points
Lola Evans
A strong employment report boosted U.S. stocks on Friday. Today, the Bureau of Labor Statistics reported that the American economy added 559,000 jobs in May. There was a little bit of something for everyone in this report.
NEW YORK, New York - A strong employment report boosted U.S. stocks on Friday. Today, the Bureau of Labor Statistics reported that the American economy added 559,000 jobs in the month of May, and the unemployment rate was 5.8 percent, down from 6.1 percent in April to the lowest point it has been since March of 2020, U.S. Secretary of Labor Marty Walsh said in a statement released on Friday. This data reflects solid continuing job growth and strong evidence that our efforts through the American Rescue Plan to vaccinate Americans and support families, small businesses, schools, and childcare providers are working to reopen and rebuild our economy.
Asian shares were a touch below a recent three-month top on Thursday, with China a tad weaker as investors weighed inflation concerns ahead of key US economic data. MSCI s broadest index of Asia-Pacific shares outside Japan was up by 0.32 per cent.