European stocks head for best week since November as investors wait for U.S. jobs data

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

European equities moved mostly higher on Friday, after a batch of upbeat earnings, while U.S. stock futures inched up ahead of key jobs data.

European stocks were headed for the best weekly return since November amid a flurry of fresh earnings news on Friday, while U.S. equity futures also rose modestly ahead of a big piece of data — nonfarm payrolls.

Investors on both sides of the Atlantic will be focused on January U.S. jobs data, with expectations for a jobs gain of 55,000, according to economists contacted by Dow Jones Newswires and The Wall Street Journal. But the labor market continues to struggle from the winter onslaught of COVID-19. Among stocks on the move, shares of Beazley BEZ, +14.45% surged 13%, after the specialty insurer swing to a pretax loss for 2020, but said it was upbeat about its performance in 2021.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Marketwatch got the 'picture ' of bridge cranes at a shipping port unloading freight cargo boxes from China. Its going to be a long wait for a $ 15.00 minimum wage job in the U.S.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines