[UPDATED] Stock market today (May 3, 2023): Asian shares advance ahead of US jobs report | Elaine Kurtenbach / AP Business Writer

A currency trader smiles near the screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, May 3, 2024. The Japanese yen strengthened slightly against the U.S. dollar amid signs of heavy central bank intervention to tamp down the U.S. dollar’s advance.

The dollar was trading at 153.08 early Friday, down from 153.65 late Thursday. The euro rose to $1.0732 from $1.0727. On Friday, the U.S. government will report on how many jobs employers added last month, one of the most highly anticipated economic updates each month. last week than economists expected. It’s the latest signal that the job market remains solid despite high interest rates.

Carvana revved 33.8% higher after the used-car seller reported much better results for the latest quarter than analysts expected, boosted by better-than-forecast sales.

United States United States Latest News, United States United States Headlines

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

Stock market today (April 23, 2024): Asian stocks track Wall Street gains ahead of earnings reportsHONG KONG — Asian benchmarks extended gains Tuesday after U.S. stocks clawed back a chunk of their losses from last week, which was the worst for the S&P 500 in more than a year, while the yen weakened further to fresh 34-year lows. U.S.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Stock market today (April 25, 2024): Asian benchmarks mostly slide as investors focus on earnings📈🌏 Stock markets in Asia saw declines as investors eagerly anticipate global earnings updates, particularly from tech giants dubbed the 'Magnificent Seven.' The Bank of Japan's monetary policy meeting is also in focus. Will the strong earnings season restore market confidence? Know more about the market trends and upcoming reports.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Stock market today (May 3, 2024): Wall Street climbs to trim its loss for the weekNEW YORK — U.S. stocks climbed Thursday to trim the majority of their losses for the week. The S&P 500 rose 45.81 points, or 0.9%, to 5,064.20 a day after swinging sharply when the Federal Reserve said it's likely delaying cuts to interest rates but not planning to hike them.
Source: BusinessMirror - 🏆 19. / 59 Read more »