Global stocks mixed ahead of key US jobs data

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US stocks recovered lost ground to close down just slightly Thursday, while those in Europe finished lower, ahead of key US jobs data.

The Dow Jones Industrial Average finished flat, while the S&P 500 and Nasdaq index ticked lower.

Those surging bond yields are responsible for pushing up the weekly average rate on the popular 30-year mortgage to a new 23-year high, Freddie Mac announced on Thursday. "The markets sell-off which saw government bond prices fall and yields rise has taken centre stage this week, and investors continue to watch the 10-year Treasury yield like a hawk," said AJ Bell investment director Russ Mould.

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