GLOBAL MARKETS-US$, Treasuries edge higher on strong US. labour report


Stocks rose on Wall Street on Thursday, with the S&P 500 index hitting a fresh peak as it scaled the 4,000 mark, and the benchmark Deutsche Boerse DAX index in Germany setting a new high. Equities rose on reports of the strongest manufacturing data in decades around the world.

NEW YORK: The dollar and the yield on the benchmark Treasury note edged higher in light trading on Friday after data showing a surge in the hiring of Americans in March pointed to a U.S. economic recovery that is poised to be the strongest in decades.

Equity markets were closed for Good Friday in the Americas, Europe and elsewhere, but it is not a U.S. government holiday and the Labor Department released the closely watched non-farm payrolls report.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Global , stocks , S&P , Dow , Nasdaq , MSCI , Nikkei , treasuries ,

   

Next In Business News

Sime Darby's unit issues RM1.3bil sukuk murabahah
Ringgit closes lower on caution ahead of US CPI data
Bursa Malaysia extends slide in thin trading ahead of US CPI data
Public Bank issues 3rd tranche of RM20bil sub-notes programmes
EcoWorld International achieves RM581mil sales plus reserves in FY24
Streaming giant iQIYI unveils big plans in its Asian content in 2025 with Malaysia and South-East Asia in focus
Astro Malaysia swings into black with net profit of RM46.94mil in 3Q
Privasia unit to collaborate with Mara Inc and Felcra on Perak data centre
Financial instruments to form integral part of SST's stake in U Mobile
Chinese authorities are considering a weaker yuan as Trump trade risks loom, sources say

Others Also Read