Investors jumped back into equities on Monday, sending world stocks close to their highest level for the year, while the dollar weakened against a basket of currencies as demand for risky assets rose across the board.
Investors jumped back into equities on Monday, sending world stocks close to their highest level for the year, while the dollar weakened against a basket of currencies as demand for risky assets rose across the board.
A White House environmental policy adviser who specialized in green jobs resigned on Sunday after an uproar over his previous affiliation with a September 11 conspiracy group.
Investors jumped back into equities on Monday, sending stocks up more than 1 percent, after a rare week of losses, while the dollar weakened and gold was steady at just below $1,000 an ounce.
Shares in Asia rose on Monday after U.S. data showed a slowdown in layoffs, while Chinese shares extended gains on hopes that Beijing will pull out more policy tools as needed to support its volatile stock market.
Shares in Asia rose on Monday after U.S. data showed a slowdown in layoffs, while Chinese shares extended gains on hopes that Beijing will pull out more policy tools as needed to support its volatile stock market.
U.S. stocks ended higher on Friday as investors focused on the bright side of a mixed payrolls report that showed smaller-than-expected job cuts in August, even though the unemployment rate hit a 26-year high.
Oil prices slipped on Friday, weighed down by concerns about economic recovery after U.S. jobs data showed the unemployment rate at a 26-year high.
Oil ticked up above $68 a barrel on Friday in relatively thin dealing as investors awaited jobs data from the United States to provide some insight into the health of the world's top economy.
Gold eased below $990 an ounce on Friday after a two-day rally that took the market to within a whisker of $1,000, as an uptick in the dollar index after U.S. non-farm payrolls data prompted some traders to cash in gains.
Oil dropped below $68 a barrel on Friday, weighed down by a stronger dollar after U.S. data showed the unemployment rate rose by less than expected, albeit to a 26-year high.
U.S. employers cut a fewer-than-expected 216,000 jobs in August, while the unemployment rate rose to a 26-year high, the government said on Friday in a report showing a still fragile labor market.
Stock index futures rose on Friday ahead of a report expected to show the smallest number of job losses so far this year in August as the economy advances out of a recession.
Gold steadied near $990 an ounce on Friday, consolidating a potent two-day rally that took the market to within a whisker of $1,000, with inflation concerns and jitters over stock market gains stoking investor interest.
Stock index futures rose on Friday ahead of a report expected to show the smallest number of job losses so far this year in August as the economy struggles out of recession.
Gold steadied below $990 an ounce on Friday, consolidating a potent two-day rally that took the market to within a whisker of $1,000, with inflation concerns and jitters over stock market gains stoking investor interest.
World equities climbed higher on Friday, although investors were cautious about U.S. jobs data due later in the day, while the dollar slipped against a basket of major currencies.
U.S. stock index futures pointed to a higher open on Wall Street on Friday, ahead of eagerly-awaited monthly U.S. jobs data and unemployment rate.
Oil hovered above $68 a barrel on Friday, eyeing a U.S. jobs report due later for some clarity on the economy of the world's top energy user as it struggles to emerge from recession.
Apple Inc's media extravaganza next week is being greeted with unusual calm, as it is uncertain if charismatic CEO Steve Jobs will appear and investors have nothing much to bet on apart from new iPods with cameras.
Stocks rose slightly on Thursday as investors focused on stronger-than-expected sales by key retailers in August, offsetting weak labor-market data.
A monthly gauge of U.S. online labor demand soared in August at its fastest pace in four years, indicating steadier footing for nationwide labor demand, a private research group said on Thursday.
