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Wall Street holds steady as payrolls set to test rally
NEW YORK (Reuters) - Investors largely took a wait-and-see approach on Thursday as stocks ended little changed ahead of Friday's key employment report, but tech shares rose after strong earnings from chipmaker Qualcomm.
Payrolls power Wall Street to record high
NEW YORK: U.S. stocks notched their best day in a month on Friday, with the S&P 500 and Nasdaq closing at record highs after a second straight month of robust labor market data boosted optimism that economic growth is accelerating.
US payrolls rise solidly, but weak wages dim limelight
WASHINGTON: U.S. job growth increased briskly in December, but wages posted their biggest decline in at least eight years in a sign the tightening labor market has yet to give much of a boost to workers.
US payrolls caution consigns Asia FX to weekly losses, ringgit weak
SINGAPORE: Most emerging Asian currencies eased on Friday and were on course for weekly losses as investors grew cautious ahead of US jobs data that might yield clues on the likelihood of the Federal Reserve raising interest rates this month.
Asian shares, dollar sag on caution before US payrolls
TOKYO: Asian shares and the dollar slipped in early trading on Friday, after mixed U.S. data provided little clarity on the timing of the Federal Reserve's expected interest rate hike ahead of a key U.S. jobs report later in the session.
US July payrolls rise soothes fears
WASHINGTON: US job growth accelerated more than expected in July as private employers stepped up hiring, a development that eased fears the economy was sliding into a fresh recession.
Wall Street up for fourth week as payrolls jump
NEW YORK: Wall Street rallied to its highest level since early May on Friday on a stronger-than-expected jobs report and renewed hope European authorities would act to contain the euro zone debt crisis.
Asia shares rise after ECB, focus on payrolls
TOKYO: Asian shares looked set for their biggest daily gain in nearly five weeks on Friday after the European Central Bank outlined its bond-buying scheme to help calm the euro zone's debt crisis, while firm U.S. data fed speculation of a strong jobs report later in the day.
Asian shares retreat after China PMI, U.S. payrolls eyed
TOKYO: Asian shares wiped earlier gains on Friday as a tepid Chinese manufacturing report dented sentiment, leaving investors on tenterhooks ahead of U.S. nonfarm payroll data due at 1330 GMT.
June US payrolls surprise hugely to the upside
NEW YORK: U.S. employment growth jumped in June and the unemployment rate declined to near a six-year low of 6.1 percent, effectively dispelling fears about the economy's health and underscoring its momentum heading into the second half of 2014.KEY POINTS:
