After the Easter holiday, US stock futures traded higher, and the Easter holiday continued to increase Thursday’s gains, and Friday’s closely watched US government employment report showed that US employers lost 916,000 jobs compared with the previous month.
|Me: DJI||Dow Jones Average||33,1
|SP500||S&P 500||4019.87||+46.98||+ 1.18%|
|I: COMP||Nasdaq Composite Index||13480.105533||+233.23||+ 1.76%|
The report shows that these figures are much higher than the expected 617,500, almost twice the number in February.
On Thursday, the Wall Street benchmark S&P 500 index rose 1.2% in the last trading day before the holiday weekend, closing above 4,000 for the first time.
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Despite rising infection rates in the United States, Europe and elsewhere, prompting some governments to re-limit travel and business activities, the spread of coronavirus vaccines still encourages investors.
Last Friday, the U.S. 10-year U.S. Treasury bond yield (that is, the difference between the market price and the payment at maturity) rose to 1.72% from 1.68% on Thursday.
This year’s rate of return has risen sharply and funds are drawn from inventories because people expect that the recovery of economic activity will lead to an increase in inflation, thereby reducing the value of actual payments. At the same time, after Wall Street rose to record optimism, Asian stock markets were mixed on Monday.
Tokyo and Seoul rose, while India and Thailand retreated. The Greater China and Australian markets are closed for holidays.
Oanda’s Jeffrey Halley stated in the report that despite strong U.S. employment data and a surge in Wall Street, “Asia is still proceeding cautiously this morning.”
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Tokyo’s Nikkei 225 index rose 0.8% to 30,088.75, and Seoul’s Kospi index rose 0.2% to 3,117.23.
India’s Sensex shares fell 2.4% at the opening to 48,799.72. Singapore rose, while Bangkok and Jakarta fell.
After the Standard & Poor’s index hit a record high, major Asian stock markets rose on Friday.
In the energy market, in electronic trading on the New York Mercantile Exchange, benchmark US crude oil fell 57 cents to $60.88 per barrel. The contract rose $2.29 on Thursday to $61.45. Brent crude, used to set international oil prices, fell 64 cents in London to $64.22 per barrel. The previous trading day rose 2.12 US dollars to 64.86 US dollars per barrel.
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The dollar was unchanged at 110.63 yen against the yen. The euro fell from 1.1773 to 1.1759 US dollars against the US dollar.