BEIJING — Asian stock markets gained Monday after weak U.S. hiring in August fueled expectations the Federal Reserve might postpone withdrawal of economic stimulus that has boosted stock prices.
The Kospi 180721, -0.03% in South Korea shed less than 0.1% and Sydney’s S&P/ASX 200 XJO, -0.42% lost 0.6%. Stocks slipped in Indonesia JAKIDX, -0.17% but gained in Singapore STI, +0.29% and Taiwan Y9999, +0.57%. Investors appeared to welcome that, because the Fed might be prompted to postpone a possible reduction in bond purchases that pump money into the financial system. Officials have indicated the Fed board make a decision about that at a meeting this month but wants to be sure a recovery is established and say employment is a key factor.
The weak U.S. hiring data also prompted concern the spread of the coronavirus’s more contagious delta variant is hurting economic growth. It was well below the monthly average of more than 900,000 jobs added in June and July.
For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her earn_with_Jens Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
At least someone is benefiting from this disaster
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK PM Johnson to address lawmakers about Afghanistan on MondayPrime Minister Boris Johnson will address lawmakers on Monday about Britain's withdrawal from Afghanistan, amid criticism of the handling of the evacuation and failure to predict how quickly the Taliban would sweep through the country. Pakistan air forces assault on our disabled country (Afghanistan) obviously world is silent please stop war proxy. StandWithPanjshir FreeAfghanistan JoeBiden StateDept UN UKinUSA US4AfghanPeace UK needs a friendly Taliban. You mean politicians?
Source: Reuters - 🏆 2. / 97 Read more »
U.S. Open order of play on MondayOrder of play on the main show courts on the eighth day of the U.S. Open on Monday (play starts at 1500 GMT/11 AM ET unless stated, prefix number denotes seeding):
Source: Reuters - 🏆 2. / 97 Read more »
Asian Filmmakers Struggle to Join the Fall Festival Season, But Hope for a ComebackFilms from Asia are struggling to compete at this year’s major film festivals. That’s not necessarily a reflection on their artistic merits, but a symptom of a painful 2021 divide between the film … dear social media intern; everyone is struggling. including you.
Source: Variety - 🏆 108. / 63 Read more »
Asia markets set for mixed open following big miss in U.S. jobs dataU.S. jobs data released Friday came in far short of expectations, with the economy adding just 235,000 positions. Now that Afghan war has ended. China has to remit the drug money back to the country. Dems have to pass another Stimulus billss Every Tuesdays & that Road bill. Nomorefloods No more money $$$ for Military–industrial complex. Poor People dont have lobbyists.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks end mostly lower even as tech drives Nasdaq higherStocks closed mostly lower Friday following a weak jobs report, but gains for a handful of Big Tech companies allowed the Nasdaq composite to sneak in another record high. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her earn_with_Jens Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success this is terrible news
Source: latimes - 🏆 11. / 82 Read more »
Black unemployment rises in jobs report despite more job seekersThe increase in Black unemployment is even more troubling in light of the fact that the labor force participation rate among Black workers rose last month and is about tied with the rate for white workers at 61.6 percent.
Source: YahooNews - 🏆 380. / 59 Read more »