Stock market today: Asian markets mixed following hotter-than-expected US jobs report
==========
Asian markets were mixed on Monday after a hotter-than-expected US jobs report was released on Friday. The euro fell after French President Emmanuel Macron dissolved the National Assembly following a setback in Sunday’s parliamentary election. U.S. futures and oil prices rose. In Tokyo, the Nikkei 225 index was up 0.5% at 38,872.19. South Korea’s Kospi slipped 0.7% to 2,705.06. Far-right parties made major gains in European parliamentary elections, leading Macron to dissolve the National Assembly and call a snap legislative election. The euro dropped to its lowest price in nearly a month. On Friday, the S&P 500 fell 0.1% to 5,346.99, the Nasdaq composite slipped 0.2% to 38,798.99, and the Dow Jones Industrial Average slipped 0.2% to 38,798.99. U.S. employers added 272,000 jobs in May, more than economists expected. The unemployment rate rose for a second straight month. The yield on the 10-year Treasury jumped to 4.43% from 4.29% before the jobs report. Wall Street hopes for at least one cut to the Fed’s benchmark interest rate before the year ends. Economic data from last week hinted that the economy could be cooling. GameStop slumped 39.4% after reporting another quarterly loss and saying it planned to sell up to 75 million more shares. U.S. benchmark crude oil gained 23 cents to $75.76 per barrel. Brent crude was up 28 cents to $79.90 per barrel. The U.S. dollar rose to 157.12 Japanese yen from 156.83 yen.
https://www.whec.com/national-world/stock-market-today-asian-markets-mixed-following-hotter-than-expected-us-jobs-report/
News10NBC /
npub1gc…z9cck
2024-06-10 06:01:32
Author Public Key
npub1gcycye4seh43pkc2r8eylt7ekynsm96qm2yj0f67nhgerpjeu72qgz9cckPublished at
2024-06-10 06:01:32Event JSON
{
"id": "df2ffe6df24cb4ff8827498a6e7dda8291cbe2a56f5c4e81da8e902b59e276d3",
"pubkey": "46098266b0cdeb10db0a19f24fafd9b1270d9740da8927a75e9dd1918659e794",
"created_at": 1717999292,
"kind": 1,
"tags": [],
"content": "Stock market today: Asian markets mixed following hotter-than-expected US jobs report\n==========\n\nAsian markets were mixed on Monday after a hotter-than-expected US jobs report was released on Friday. The euro fell after French President Emmanuel Macron dissolved the National Assembly following a setback in Sunday’s parliamentary election. U.S. futures and oil prices rose. In Tokyo, the Nikkei 225 index was up 0.5% at 38,872.19. South Korea’s Kospi slipped 0.7% to 2,705.06. Far-right parties made major gains in European parliamentary elections, leading Macron to dissolve the National Assembly and call a snap legislative election. The euro dropped to its lowest price in nearly a month. On Friday, the S\u0026P 500 fell 0.1% to 5,346.99, the Nasdaq composite slipped 0.2% to 38,798.99, and the Dow Jones Industrial Average slipped 0.2% to 38,798.99. U.S. employers added 272,000 jobs in May, more than economists expected. The unemployment rate rose for a second straight month. The yield on the 10-year Treasury jumped to 4.43% from 4.29% before the jobs report. Wall Street hopes for at least one cut to the Fed’s benchmark interest rate before the year ends. Economic data from last week hinted that the economy could be cooling. GameStop slumped 39.4% after reporting another quarterly loss and saying it planned to sell up to 75 million more shares. U.S. benchmark crude oil gained 23 cents to $75.76 per barrel. Brent crude was up 28 cents to $79.90 per barrel. The U.S. dollar rose to 157.12 Japanese yen from 156.83 yen.\n\n\n\nhttps://www.whec.com/national-world/stock-market-today-asian-markets-mixed-following-hotter-than-expected-us-jobs-report/",
"sig": "b5c5f3a30d07bfd9e571a0f71a2da82c6d47e5dea9942817d30ee0c7b8527f5f88eac1083469b7b410e1cf8ed59e80cf0f12b52f03e58bec5a09dd34485dddf2"
}