Subscribe

US jobs data in focus, markets optimistic

It's hoped the stats will give weight to a looser rates policy from the Fed.

European stocks posted modest gains as traders awaited US jobs numbers due later Friday that will test optimism over whether the Federal Reserve’s tightening cycle is nearing an end. 

The Stoxx 600 added about 0.2% to its strongest week since March. Automakers fared best, with BMW AG risin

Subscribe or log in to read the rest of this content.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

Tragedy at BofA as 25-year-old trader dies at industry event

The sudden fatality is the second young employee death at the banking giant in recent weeks, raising questions around culture of long, demanding hours.

BlackRock’s fixed-income CIO says rate cuts, not hikes, key to taming inflation

Federal Reserve’s hawkish policy on interest rates could be fueling the fire as well-heeled investors reap the benefits.

Nippon’s $3.8B stake in Corebridge could be just the start

Japanese life insurer says it wants more US asset manager, insurer.

Going for gold? Silver is shining brighter

Investors are considering the '2nd place' metal as a good bet.

Jefferies risk manager remembers red flags in Archegos trial

Failed Archegos CEO is on trial for alleged racketeering , fraud.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print