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Wall Street surges on US jobs data, global equity markets regain ground

By Suzanne Barlyn NEW YORK (Reuters) - Wall Street and a gauge of global equity markets rose on Friday as investors cheered signs of economic strength in a report that showed faster-than-expected U.S. jobs growth, data that initially stoked inflation concerns. The session was marked by frantic trading across the globe. Asian markets dropped overnight. MSCI s all-country index was on its longest losing streak in six months before clawing back. All Wall Street s main indexes closed higher, bouncing back from early losses. Investors were spooked this week by rising interest rates, which offset optimism about an economic rebound. Microsoft rallied 2.2%, the biggest boost for the S&P 500.

New yorkUnited statesJerome powellSuzanne barlynDavid gregorioNeel kashkariJeff macdonaldDharmendra pradhanOrganization of the petroleum exporting countriesFederal reserveMinneapolis federal reserve bankWall streetFixed income strategiesFiduciary trust internationalDow jones industrial averageNasdaq composite

Column: Crude catapults past $66 | Business | The Journal Gazette

World oil demand has been recovering as the pandemic has been subsiding. A decline of several million barrels per day in Texas and nearby states during the snowstorm and record-breaking cold has also energized the rally.

United statesJerome powellTom vilsackFederal reserveFederal reserve chairman jerome powellMarch nasdaqஒன்றுபட்டது மாநிலங்களில்ஜெரோம் போவல்டோம் வில்சாக்கூட்டாட்சியின் இருப்புகூட்டாட்சியின் இருப்பு தலைவர் ஜெரோம் போவல்அணிவகுப்பு நாஸ்டாக்

U S stocks close sharply higher in volatile trade as bond yields steady after strong jobs report

U.S. stocks close sharply higher in volatile trade as bond yields steady after strong jobs report MarketWatch 3/5/2021 MARKET SNAPSHOT U.S. stock benchmarks rebounded sharply Friday afternoon in whipsaw trade, as the rise in bond yields steadied, after a stronger-than-expected monthly jobs update from the Labor Department that offered evidence of an economy recovering from the effects of COVID-19. Popular Searches All major sectors in the S&P 500 index gained while the tech-heavy Nasdaq climbed more than 1.5% as giants Amazon.com Inc. and Apple Inc. recovered but the index still closed lower for the week. How are stock benchmarks performing?

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Europe Roundup: Sterling weakens against resurgent dollar, European stocks slide, Gold sinks to 9-month low, Oil hits almost 14-month high after OPEC+ extends output cuts-March 5th,2021

Europe Roundup: Sterling weakens against resurgent dollar, European stocks slide, Gold sinks to 9-month low, Oil hits almost 14-month high after OPEC+ extends output cuts-March 5th,2021
econotimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econotimes.com Daily Mail and Mail on Sunday newspapers.

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Wall Street surges on jobs data; global equity markets regain ground

Wall Street surges on jobs data; global equity markets regain ground
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesJerome powellNeel kashkariJeff macdonaldDharmendra pradhanOrganization of the petroleum exporting countriesFederal reserveMinneapolis federal reserve bankWall streetFixed income strategiesFiduciary trust internationalDow jones industrial averageNasdaq compositeFederal reserve chairman jerome powellPetroleum exporting countries