US Jobs Report

Economists polled by Reuters had forecast job growth of 205,000

The US added 311,000 jobs in February, beating estimates, but the unemployment rate also rose to 3.6% while monthly wages rose at the slowest pace in a year

The yen weakened to a three-week low of 132.60 per dollar after the report, and was last fetching 132.35, down 0.88%

The euro was little changed on the day at $1.0521, and the dollar was up 0.25% against the Japanese yen at 133.70

The MSCI World equity index rose by 0.3%, putting it on the cusp of its first weekly gain in more than a month

The index was on track for a weekly gain of more than 1.8%, its largest since September

The dollar was last up 0.65% against the euro at $1.0536, and up 0.91% against the Japanese yen at 133.81

Market focus now turns to the ADP National Employment Report due at 1315 GMT, followed by the U.S. Labor Department's nonfarm payrolls (NFP) data on Friday

Both shed 0.6% but end in green for second straight week; Broader markets play catch-up

In contrast, Friday data showed euro zone business activity contracted last month at the fastest pace since late 2020

To cut costs, the company cut hundreds of jobs, shuttered stores and outsourced delivery to third parties this year

CLOSING BELL: ITC, the biggest cigarette maker, and the second largest fast moving consumer goods (FMCG) company in India, regained the market capitalisation of Rs 4 trillion on Friday

US employers added 528,000 jobs last month, more than all estimates, the unemployment rate fell to a five-decade low of 3.5%, and wage growth accelerated

CLOSING BELL: L&T, PowerGrid, NTPC, ICICI Bank, DR Reddy's Labs, Axis Bank, Bharti Airtel, and Nestle India were the top large-cap gainers

The Labor Department's closely watched employment report on Friday, also expected to show strong wage gains last month

The Fed last month raised its policy interest rate by 25 basis points, the first hike in more than three years.

U.S. employers added a robust 678,000 jobs in February, another gain that underscored the economy's solid health as the omicron wave fades

US employers added a burst of 467,000 jobs in January despite a wave of omicron inflections that sickened millions of workers

The number of Americans applying for unemployment benefits rose last week to the highest level since mid-November

US employment rose by a less-than-expected 199,000 jobs last month as the impact of a resurgent pandemic bites, well below the 400,000 forecast by economists