HONG KONG — Asian stocks were mixed Friday after a steady Thursday on Wall Street as markets anticipated the release of key U.S. jobs data later in the day.Japan’s benchmark Nikkei 225 edged 0.1% lower to 38,683.93 after Friday data showed household spending in April was up 0.5% year-on-year. This was the first increase since February 2023 and is a key indicator in assessing the country’s economy as central bank officials prepare to hold a policy meeting next week.
Big Lots tumbled 18.2% after reporting a larger loss for the latest quarter than expected. The retailer said it missed targets for sales because its customers are continuing to pull back on spending, particularly for things that aren’t essentials. Later Friday, the U.S. government is to release its monthly update on the job market. Economists expect it to show a slight acceleration in hiring and average hourly wage gains from the month before.
These Canadian blue-chip stocks are fundamentally strong, relatively safe, and can generate steady returns in the long term. The post 3 Blue Chip Stocks So Safe That Canadians Can Hold Them Until They Die appeared first on The Motley Fool Canada.These three TSX stocks are all cheap no matter how you slice it. Shares are down, earnings are up, and growth is on the way. The post 3 Remarkably Cheap TSX Stocks to Buy Right Now appeared first on The Motley Fool Canada.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hong Kong Woos Saudi Money in Attempt to Revive Stock MarketHong Kong is turning to oil-rich Saudi Arabia for new funds to help offset a growing list of challenges facing its stock market.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: BNNBloomberg - 🏆 83. / 50 Read more »