Asian markets mixed following hotter-than-expected US jobs report

From Yahoo Finance: 2024-06-10 01:13:00

Asian markets saw a mix in trading following a hotter than expected jobs report on Friday. The euro dipped after French President Macron dissolved the National Assembly due to parliamentary election setback. U.S. futures and oil prices spiked. Japan’s economy saw a 1.8% annualized contraction in January-March as far-right parties made gains in European parliamentary elections. The S&P 500 and Nasdaq slipped, while the Dow Jones remained steady. U.S. employers added 272,000 jobs in May, signaling signs of strength and possible future rate cuts by the Federal Reserve. GameStop stock slumped 39.4%, and oil prices rose slightly.



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