News Formal

Stock market today: Global markets advance in subdued trading on US jobs worries

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 53%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Global shares have mostly gained in cautious trading ahead of an update on the U.S. jobs market.

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Oct. 6, 2023. Asian shares mostly rose in cautious trading Friday after Wall Street drifted to a quiet close on worries about a too-hot U.S. job. – Global shares mostly rose Friday in cautious trading ahead of an update on the U.S. jobs market.

In Asian trading, Japan's benchmark Nikkei 225 fell 0.3% to finish at 30,994.67. Australia's S&P/ASX 200 rose 0.4% to 6,954.20. South Korea's Kospi edged up 0.2% to 2,408.73. Hong Kong's Hang Seng jumped 1.6% to 17,485.98. Investors worry that too strong a U.S. job market could add to upward pressure on inflation. That’s why the Fed has raised its main interest rate to the highest level since 2001, to intentionally slow the economy.

A recent pullback in the price of oil has offered some relief on the inflation front for both U.S. households and the Federal Reserve.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 442. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock Market Today: Dow snaps losing streak as Treasury yield storm calmsStock Market Today: Dow snaps losing streak as Treasury yield storm calms
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall StreetMarkets in Europe and Asia are mostly lower after Wall Street tumbled as investors focused on the downside of a surprisingly strong job market: the likelihood that interest rates will stay high.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »

Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall StreetMarkets in Europe and Asia are mostly lower after Wall Street tumbled as investors focused on the downside of a surprisingly strong job market: the likelihood that interest rates will stay high.
La source: ksatnews - 🏆 442. / 53 Lire la suite »

Stock Market Today: Bond Selloff Weighs on Dow FuturesLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
La source: WSJ - 🏆 98. / 63 Lire la suite »