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Stocks gain after bumper U S jobs data, bonds smell Fed trouble

Stocks gain after bumper U.S. jobs data, bonds smell Fed trouble By Hideyuki Sano Outbreak of the coronavirus disease (COVID-19) in Miami, Florida TOKYO (Reuters) – Global stock prices rose to a 1 1/2-month high on Monday after data showed a surge in U.S. employment while U.S. bonds came under pressure on worries the Federal Reserve may bump up interest rates sooner than it has indicated. U.S. S&P500 futures traded 0.3% higher, maintaining most of their gains made during a truncated session on Friday though tech-heavy Nasdaq futures lagged behind, trading almost flat. In Asia, Japan’s Nikkei rose 0.8% while MSCI’s broadest index of Asia-Pacific shares outside Japan slipped slightly, with China closed for Tomb-Sweeping day and Australia on Easter Monday.

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Premarket: Global stocks gain after bumper U S jobs data

World stocks gain after bumper U S jobs data, bonds smell Fed trouble

World stocks gain after bumper U.S. jobs data, bonds smell Fed trouble 04/05/2021 | 06:13am EDT Send by mail : Message : Required fields TOKYO (Reuters) - Global stock prices rose to a 1 1/2-month high on Monday after data showed a surge in U.S. employment while U.S. bonds came under pressure on worries the Federal Reserve may bump up interest rates sooner than it has indicated. U.S. S&P500 futures traded 0.3% higher, maintaining most of their gains made during a truncated session on Friday though tech-heavy Nasdaq futures lagged behind, trading almost flat. In Asia, Japan s Nikkei rose 0.8% while MSCI s broadest index of Asia-Pacific shares outside Japan slipped slightly, with China closed for Tomb-Sweeping day and Australia on Easter Monday.

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