Asian Stocks Follow US Payroll Gains, Oil Declines: Markets Wrap
Written by Black Hot Fire Network on April 8, 2024
(Bloomberg) -- Asian stocks followed gains on Wall Street after better-than-expected US payrolls data on Friday. Oil fell as Israel said it would pull some troops out from Gaza.
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Benchmark equity indexes rose in Japan, Australia and South Korea. They dropped in Hong Kong and mainland China with sentiment damped by a winding up petition for Shimao Group. Futures for US stocks crept higher after both the S&P 500 and Nasdaq 100 indexes climbed more than 1% on Friday.
While the US jobs report “once again . . .
