Stocks gain, U.S. debts under pressure after bumper jobs data

  • 📰 Reuters
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Global stock prices rose to a 1 1/2-month high on Monday after data showing a surge in U.S. employment while U.S. bonds came under pressure on worries the Federal Reserve may bump up interest rates sooner than it has indicated.

FILE PHOTO: A"Now Hiring" sign advertising jobs at a hand car wash is seen along a street, as the spread of the coronavirus disease continues, in Miami, Florida, U.S. May 8, 2020. REUTERS/Marco Bello

MSCI’s all-country world index was almost flat but stood near its highest level since late February and within sight of a record high set that month. “There will be further improvements in April, as restaurants have started to reopen. People have expected economic normalisation to take place sooner or later but its pace seems to be accelerating,” said Koichi Fujishiro, senior economist at Dai-ichi Life Research.

Markets have strong doubts, with Fed funds futures fully priced in one rate hike by the end of next year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Gone full circle. Some of my ancestors in Germany in 1748 where Tagesloehner, Workers that got hired daily but they owned theyr houses, today they can't afford houses but body hire is alive and kicking. This place is full of numtys or why would we have a reactionary government

I bet these are really shit jobs with very low pay and no future or career prospects. Also bet they are cash in hand only .

Work today, get paid today! These are beautiful words.

good luck

Get your employees from the Border!

Volcano fragment

I have been trading and have had many experience but I have gained more ever since I meet Jasonsallm_l I have made profit of 10k for the past 1weeks with a Investmet of 1100 and I have access to my account,thanks to Jasonsallml_l

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks and U.S. equity futures mixed after records, with commodity stocks in the leadThe week was kicking off with gains for the Stoxx Europe 600, which was aiming at a fresh record, though slightly more cautious. U.S. futures were mixed,...
Source: MarketWatch - 🏆 3. / 97 Read more »

Australian Stocks Set First Record High Since Pandemic BeganAustralia’s recovery from the coronavirus pandemic has passed another milestone with its benchmark share index closing at a record high, its first in 15 months.
Source: WSJ - 🏆 98. / 63 Read more »

Stocks making the biggest moves premarket: Marriott, Coty, BioNTech, Tyson Foods & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »

Cramer to Robinhood traders: These are the economic recovery stocks to knowNew for subscribers: Cramer to Robinhood traders: These are the economic recovery stocks to know. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »

20 cybersecurity stocks Wall Street believes can rise up to 79% over the next yearThe ransomware attack on Colonial Pipeline Co. highlights an obvious area for growth in the technology sector. WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders! Hedge Funds are selling in preparation to StockMarket crash!
Source: MarketWatch - 🏆 3. / 97 Read more »

These cybersecurity stocks could benefit from the Colonial pipeline attack, says GoldmanThe news did not seem to boost cybersecurity as a whole on Monday, but Goldman said the event could help accelerate the long-term growth for the companies. Pro Nah SAFEMOON SAFEMOONARMY IS THE WAY Pro , this is why people no longer trust you:
Source: CNBC - 🏆 12. / 72 Read more »