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
World markets were lower Friday, tracking a retreat on Wall Street led by declines in big technology stocks. Shares fell in Paris, Frankfurt, Tokyo and Shanghai but rose in Hong Kong. US futures also slipped. A resurgence of coronavirus outbreaks has added to uncertainties over a revival of tourism and other business activity in many parts of the world including Asia. The World Health Organization says a record 9.5 million COVID-19 cases were tallied over the last week as the omicron variant of the coronavirus swept the planet, a 71 per cent increase from the previous 7-day period that the U.N. health agency likened to a tsunami. Germany's DAX lost 0.7 per cent to 15,942.67 while the CAC 40 in Paris declined 0.5 per cent to 7,215.30. Britain's FTSE 100 lost 0.1 per cent to 7,443.90, The future for the Dow industrials lost 10 points while that for the S&P 500 slipped 0.2 per cent. Germany's leaders were set to consider possible new restrictions and changes to quarantine rules as
Tokyo and Taiwan slipped but other regional markets advanced. U.S. futures also were higher
As stocks struggled, U.S. Treasury yields on most maturities rose again on Thursday as investors fretted over the Fed's more hawkish stance, surging inflation and a deluge of supply.
Ten-year treasury yield crosses 1.75%, on track for its biggest weekly rise since 2020
Stocks extended declines after the release of the minutes on Wednesday, led by a selloff in technology and growth shares
The Dow Jones Industrial Average fell 94.63 points, or 0.26%, to 36,705.02
The Dow Jones Industrial Average rose 246.76 points, or 0.68%, to 36,585.06; the S&P 500 gained 30.38 points, or 0.64%, to 4,796.56; and the Nasdaq Composite added 187.83 points, or 1.2%, to 15,832.80
HONG KONG (Reuters) - Asian stocks were firmer on Tuesday following Wall Street's record highs on its first trading day of 2022, despite worries that the widespread Omicron COVID-19 variant could put the brakes on global economic recovery.
Wall Street's New Year optimism overpowered concerns about the coronavirus and inflation on Monday
Global stock markets and US futures were mostly higher Monday on 2022's first trading day after Wall Street ended last year with a double-digit gain. Frankfurt and Paris opened higher while Seoul and India advanced. Hong Kong retreated. Markets in Britain, China, Japan and Australia were closed. Wall Street's benchmark S&P 500 index slipped Friday amid lingering worries about the coronavirus's omicron variant but ended 2021 with an annual gain of 26.9 per cent It remains to be seen to what extent the optimism of the New Year will be reflected in financial markets, said Venkateswaran Levanya of Mizuho Bank in a report. In early trading, Frankfurt's DAX gained 0.8 per cent to 16,010.77 and the CAC 40 in Paris added 0.9 per cent to 7,213.57. On Wall Street, futures for the S&P 500 and the Dow Jones Industrial Average were 0.4 per cent higher. On Friday, the S&P 500 slipped 0.3 per cent and the Dow slid 0.2 per cent. The Nasdaq fell 0.6 per cent. In Asian trading, Hong Kong's .
Asian stock markets were mixed Monday on 2022's first trading day after Wall Street ended last year with a double-digit gain. Hong Kong retreated while Seoul gained. Markets in Japan, China and Australia were closed. Wall Street's benchmark S&P 500 index slipped Friday amid lingering worries about the coronavirus's omicron variant but ended 2021 with an annual gain of 26.9 per cent. It remains to be seen to what extent the optimism of the New Year will be reflected in financial markets, said Venkateswaran Levanya of Mizuho Bank in a report. The Hang Seng in Hong Kong lost 0.3 per cent to 23,332.13 while Seoul's Kospi rose 0.3 per cent to 2,987.29. Singapore, Jakarta and Malaysia advanced. Thai markets were closed. Also Monday, Singapore's government announced its economy grew by 7.2 per cent last year, rebounding from the previous year's 5.4 per cent contraction. On Friday, the S&P 500 slipped 0.3 per cent to 4,766.18. The Dow Jones Industrial Average slid 0.2 per cent to ...
Seven of the 11 major S&P 500 sector indexes traded higher, led by the real estate sector
Corporate leaders say the vice president is continuing to engage them on other challenges, from the resurgence of the coronavirus to supply chain constraints and semiconductor shortages
Asset classes from oil to equities have clawed back losses from late November, when the Omicron variant of COVID-19 sent investors scurrying for safety
The S&P 500 was up 7.62 points, or 0.16%, at 4,798.81, and the Nasdaq Composite was up 3.97 points, or 0.03%, at 15,875.23
The Nasdaq Composite added 196.73 points, or 1.26%, at 15,850.10
Merck's at-home Covid-19 pill gets US approval; weekly jobless claims unchanged at 205,000
With the fourth wave of the pandemic now in full force, financial firms are once again grappling with when they can realistically get back to business-as-usual
NEW YORK (Reuters) -U.S. stock indexes closed broadly higher on Wednesday after investors cheered positive economic data and the White House said it was resuming talks on a massive social spending and climate change bill with a holdout senator.