HONG KONG—World shares were mostly up on Friday ahead of a U.S. government jobs report, after Wall Street rose Thursday to snap its first three-day losing streak since Halloween.
On Thursday, the S&P 500 climbed 0.8 percent to 4,585.59. The Dow Jones Industrial Average added 0.2 percent to 36,117.38, and the Nasdaq composite jumped 1.4 percent to 14,339.99.
The future for the S&P 500 and the Dow Jones Industrial Average both slipped 0.1 percent.
In Friday’s European market, data released on Friday showed a 3.2 percent inflation rate in Germany for November, marking the fifth consecutive month of decline. The data supports the prediction of upcoming European Central Bank rate cuts.
Germany’s DAX edged 0.1 percent higher to 16,646.88 and the CAC 40 in Paris gained 0.3 percent, to 7,450.53. Britain’s FTSE 100 was up nearly 0.1 percent at 7,518.90.
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Stock Market Today: World Shares Rise Ahead of Key US Jobs Report
- by: The Associated Press
- 2023-12-08
- Source:
The Epoch Times
- 12/08/2023
