Asian markets swing as traders eye major US jobs report

view original post

Wall Street stocks seesawed Friday as a hotter-than-expected US jobs report soothed worries about the economy but fueled concerns that the Federal Reserve would keep interest rates higher for longer.

New York’s three main indexes finished modestly lower in a muted finale to the week that left both the S&P 500 and Nasdaq near all-time highs struck two days earlier.

Ex // Top Stories