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Gold Steadies Amid Recovery Optimism After U S Jobs Report

Copper Jumps With U.S. Jobs Report Signaling Robust Recovery Bloomberg 25 mins ago Yvonne Yue Li (Bloomberg) Copper prices advanced the most in six weeks in New York on signs the U.S. economy will see a strong rebound. A better-than-expected U.S. jobs report on Friday fueled optimism that the world’s largest economy will recover from the pandemic faster than other countries. More vaccinations and fewer business restrictions are supercharging the labor market, with U.S. employers adding the most jobs in seven months in March. “The jobs report on Friday is certainly a big thing” for copper’s increase, said Peter Thomas, senior vice president at Zaner Group in Chicago. “A lot of copper will be needed” for President Joe Biden’s proposed $2.25 trillion infrastructure plan, which includes measures to boost electric cars that use more of the metal than internal-combustion vehicles.

U S stock futures gain; pound at 2-week high

U.S. stocks climb amid economic optimism; bonds steady Goldman axes short dollar call as U.S. yields spoil bet As meme stock mania fizzles, Wall Street sees ‘big reckoning’ S&P 500 breaks above 4,000 as bull market barrels on Barry Schwartz s Top Picks: April 1, 2021 Miley Cyrus s offer shows how stocks are now cool A traditional Wall Street advantage is suddenly being threatened S&P 500 surges past record 4,000 on growth outlook Killing off Libor gets real for banks on key milestone date Megadeal surge leads Canada to record first quarter for M&A Kim Bolton s Top Picks: March 31, 2021 MLB looks to NFTs as a cutting edge opportunity : Blue Jays President

Gold Falls Amid More Signs of an Economic Rebound; Copper Drops

Gold Falls Amid More Signs of an Economic Rebound; Copper Drops Bloomberg 2 hrs ago Ranjeetha Pakiam (Bloomberg) Gold dropped as investors weighed further signals of an economic rebound, the latest being Friday’s better-than-expected U.S. jobs data. Employers in the U.S. added the most jobs in seven months in March, amid a rollout of coronavirus vaccinations and an easing of business restrictions. Nonfarm payrolls increased by 916,000 from February, according to the Labor Department. © Bloomberg Gold slips as investors weigh U.S. jobs data, Biden s plans Commodity traders are also watching the progress of U.S. President Joe Biden’s $2.25 trillion infrastructure-spending proposal. Republicans, wary of the tax increases needed to fund it, have said they may support a smaller plan.

U S stocks push higher after strong data; dollar falls

U S stocks push higher after strong data; dollar falls
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Stocks climb to record after strong economic data

Brian Madden s Top Picks: April 5, 2021 Stocks climb to record after strong economic data Goldman axes short dollar call as U.S. yields spoil bet As meme stock mania fizzles, Wall Street sees ‘big reckoning’ S&P 500 breaks above 4,000 as bull market barrels on Barry Schwartz s Top Picks: April 1, 2021 Miley Cyrus s offer shows how stocks are now cool A traditional Wall Street advantage is suddenly being threatened S&P 500 surges past record 4,000 on growth outlook Killing off Libor gets real for banks on key milestone date Megadeal surge leads Canada to record first quarter for M&A Kim Bolton s Top Picks: March 31, 2021

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