Paris stocks rally as Macron fights on, US jobs data boosts Wall Street, Seoul shares sink after Yoon’s short-lived martial law declaration
The world’s biggest economy gained 227,000 jobs in November, more than analysts expected and up from a revised 36,000 in October, said the US Department of Labor. US stocks mostly closed higher, with the broad-based S&P 500 and tech-focused Nasdaq both hitting fresh records, although the Dow retreated slightly.
Macron on Friday was holding talks with French political leaders on the left and right as he seeks to quickly name a new prime minister after Michel Barnier’s government was ousted in a historic no-confidence vote. In Asia, shares in Seoul sank more than one percent and the won weakened to about 1,420 per dollar as lawmakers prepared to hold an impeachment vote Saturday after President Yoon Suk Yeol’s dramatic, short-lived imposition of martial law this week.