Stocks jump as jobs data soothes US recession worries

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

NEW YORK: Data showing that the US economy added more than a quarter of a million jobs last month soothed recession worries Friday (May 5), bringing a rebound in stocks including for troubled midsized American banks. Just a day before, equities took a lashing over worries surrounding the economic impact of

NEW YORK: Data showing that the US economy added more than a quarter of a million jobs last month soothed recession worries Friday , bringing a rebound in stocks including for troubled midsized American banks.

The numbers show that the jobs market remains strong despite banking sector upheaval, higher borrowing costs and uncertainty surrounding a potential government default. But the central bank signaled it could pause at its next meeting, as concern over the impact of higher interest rates mounted, particularly following the collapse of three midsized banks in March and the failure of another one this week.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 6. in BR

Brasil Últimas Notícias, Brasil Manchetes