The JSE closed weaker while global markets were mixed, as investors digested US inflation figures and the economic threat of rising Covid-19 cases worldwide.
US inflation jumped 6.8% year-on-year in November to the highest rate since 1982, data showed on Friday. The figure came in slightly higher than the 6.7% Bloomberg estimate, while the consumer price index, which measures the cost of a wide-ranging basket of goods, rose 0.8% for the month...
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US weekly jobless claims at 52-year low as labour market tightensSharp drop in weekly jobless claims to 184,000 comes as US economy recovers from the worst of the Covid-19 pandemic
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