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Stock market today: Asian shares climb after blockbuster US jobs report

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Shigeru Ishiba Nyheter

Interest Rates,Oil Prices,Jobs Report

Asian shares advanced Monday after a surprisingly strong U.S. jobs report raised optimism about the economy, sparking a rally on Wall Street.

Japan's Nikkei 225 index gained 1.8% to 39,332.74 after the yen sank against the U.S. dollar. The Japanese currency has bounced on speculation over the central bank's plans for interest rates since Prime Minister Shigeru Ishiba took office last week. Lower interest rates tend to boost prices of shares and other asset, and both Ishiba and the central bank governor suggested no hikes were likely soon.

After gaining briefly against the dollar, the yen fell back late last week. Early Monday, the dollar was trading at 148.45 yen, down from 148.72 late Friday. We recently compiled a list of the Larry Robbins’ 10 Best Stocks to Buy Now. In this article, we are going to take a look at where Element Solutions Inc. stands against the other Larry Robbins-approved stocks. Glenview Capital Management, founded in 2000, manages approximately $5.

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