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U.S. stock futures traded higher after the Easter holiday, still contributing Thursday’s gains, and Friday’s close report on U.S. jobs, which showed U.S. employers added 916,000 more jobs than they cut the previous month.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| Ek: DJI | DOW JONES AVERAGE | 33153.21 | +171.66 | + 0.52% |
| SP500 | S&P 500 | 4019.87 | + 46.98 | + 1.18% |
| I: COMP | NASDAQ COMPOSITION INDEX | 13480.105533 | + 233.23 | + 1.76% |
The report showed that it was much higher than the forecasts of 617 500 and the growth of February almost doubled.
Wall Street’s benchmark S&P 500 index rose 1.2% on Thursday on its last trading day before the holiday weekend, closing above 4,000 points for the first time.
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Investors have been encouraged by the spread of coronavirus vaccines despite growing numbers of infections in the United States, Europe and elsewhere, which have led some governments to reintroduce travel and business newspapers.
On Friday, the yield on the ten-year U.S. Treasury bond, or the difference between the market price and the payout at maturity, rose to 1.72% from Thursday’s 1.68%.
U.S. stock futures traded higher after the Easter holiday, still contributing Thursday’s gains, and Friday’s accurate report on U.S. jobs, which showed U.S. employers added 916,000 more jobs than they cut the previous month.
Yields have risen sharply this year, pulling money out of equities, and expectations that economic activity will drive inflation up, lowering the value of the payout in real terms. Meanwhile, Asian stock markets were mixed on Monday after Wall Street rose to a record high of optimism. The spread of coronavirus vaccines could bring global affairs back to normal.
Tokyo and Seoul rose while India and Thailand retreated. Markets in Greater China and Australia were closed for holidays.
“Asia is stepping cautiously this morning” despite strong U.S. jobs and Wall Street gains, Oanda’s Jeffrey Halley said in a report.
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The Nikkei 225 in Tokyo rose 0.8% to 30,088.75, while the Kospi in Seoul rose 0.2% to 3,117.23.
India’s Sensex is 2.4% lower at 48,799.72. Singapore progressed while Bangkok and Jakarta declined.
The largest Asian stock markets rose on Friday after the S&P record day.
In the energy markets, US crude oil lost 57 cents to $ 60.88 a barrel on electronic trading on the New York Mercantile Exchange. The contract rose $ 2.29 to $ 61.45 on Thursday. Brent crude, used to price international oils, fell 64 cents to $ 64.22 a barrel in London. It picked up $ 2.12 the previous session to $ 64.86 a barrel.
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The dollar was unchanged at 110.63 yen. The euro retreated from $ 1.1773 to $ 1.1759.