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UK economy begins to bounce back with strong March GDP growth

Wall Street opens higher after lacklustre jobs data

Wall Street opens higher after lacklustre jobs data Wall Street pushed higher after disappointing job growth figures (Getty Images) Wall Street opened higher this afternoon, powered by gains for major tech stocks after new data showed US jobs growth fell well short of expectations. The Dow Jones opened 0.2 per cent higher, while the S&P 500 and Nasdaq were up more than 0.3 per cent and 0.7 per cent respectively. Highly valued tech stocks including Apple, Amazon and Facebook led the charge, pushing higher shortly after markets opened. It came after Labor Department figures revealed non-farm payrolls grew by just 226,000 jobs in April. This was well below estimates of 1m and a sharp slowdown from the 770,000 additions in March.

Pound Japanese Yen Exchange Rate Steady as Bank of Japan is Optimistic about Japan s Covid-19 Vaccine Rollout

May 6, 2021 - Written by John Cameron GBP/JPY Exchange Rate Rangebound as Japanese Economic Optimism Returns The Pound Japanese Yen (GBP/JPY) held steady today after the Bank of Japan (BoJ) revealed that it was optimistic about Japan’s vaccine rollout. The pairing is currently trading around ¥151.92. The Japanese Yen failed to gain against the Pound today despite yesterday’s modest but notably more bullish BoJ monetary policy minutes report. The BoJ minutes said: ‘Some members said while the beginning of vaccine rollouts was a positive sign, developments regarding the pandemic continue to warrant attention.’ However, the Bank also warned:

FTSE 100 ahead but off best levels, while mid-cap index set for another record close

FTSE 100 ahead but off best levels, while mid-cap index set for another record close
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.

FTSE 100 ahead but off best levels; mixed pattern for Wall Street

FTSE 100 ends higher on lockdown easing hopes; Wall Street mixed on disappointing jobless claims data Software groups head both major indices while biggest losers in both are insurers FTSE 100 closes up 57 points UK construction growth best since 2014 US stocks after jobless claims rise 5.10pm: FTSE comes out ahead The FTSE 100 closed up 57 points, 0.8%, at 6,942, while the FTSE 250 added 87 points, 0.4%, to 22,248. The FTSE 100 has maintained its recent resilience and outperformance, closing at its highest level this year, and its best level since the 26th February last year, while the FTSE 250 has also closed at a new record high, CMC Markets UK Chief Market Analyst Michael Hewson wrote. While other major indices have led the way in posting record highs in recent weeks, UK stocks appear to be finally finding favour with investors as an economic reopening beckons, even though the FTSE100 still has a lot of ground to make up, before it has reversed its losses from last ye

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