The modest Asian gains compared with Wall Street, which rose to near record highs on Friday on a strong jobs report and some sign of optimism about U.S.-China trade talks, with the benchmark S&P 500U.S. job growth increased by the most in 10 months in November as the healthcare industry boosted hiring and production workers at General Motors returned to work after a strike, in the strongest sign that the economy is in no danger of stalling.
Still, investors think things could change if trade tensions escalate further, especially if Trump goes ahead with planned tariffs on some $156 billion worth products from China from mid-December. U.S. Treasury yields climbed after the strong employment report, with benchmark 10-year notes rising to 1.843% US10YT=RR.
The main reason for the upward revision was that non-residential investment jumped by 1.8% on-quarter instead of the preliminary estimate of 0.9%,
How stupid can conservatives around the world be? The US jobs number of 266K for November included 42K of auto workers returning to work and seasonal increases. The US economy reflects the monetary & fiscal policy actions and global recovery following the financial crisis.
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.
Wall Street bets international stocks will top US equities in 2020 after a decade-long slumpThe U.S. has been the place to invest when it comes to stocks over the past 10 years. That dominance could shift in 2020. wall street are traitors to the Republic, fiat money grubbing slaves to the illusion of materialism promoted by the black nobility. The Republic is the 'promised land' once you destroy it through ignorance, naivite and greed, it's gone and so is your 'high living',KofM visas?Pfft It's only that high because of the 23T in debt that was injected into the economy, huge crash incoming soon most likely very unsustainable. Based on the shocks earlier this year in the repo markets and likely dollar weakness ahead, international equities will likely outperform U.S. markets
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street Week Ahead: Tariff deadline keeps focus on trade as 2019 draws to closeThe stock market looks set to end 2019 the way it began the year -- highly sensi...
Source: Reuters - 🏆 2. / 97 Read more »
Will age weaken the Asian tiger economies?The long-term worry of the tigers will be a shortage not of jobs but of people young enough to do them The 'not enough robots' problem - as a certain newspaper of note recently pointed out... How about worrying about Coastal inundation, Ocean acidification, Depletion of oceanic oxygen levels?
Source: TheEconomist - 🏆 6. / 92 Read more »
‘Delhi Crime’ Wins big at Asian Academy Creative AwardsRichie Mehta’s harrowing Netflix series “Delhi Crime” was the big winner at the 2nd annual Asian Academy Creative Awards in Singapore on Friday. Representing the show, lead actress Shefali Shah was…
Source: Variety - 🏆 108. / 63 Read more »
Asian Americans facing high risk of displacement mobilize to fight backData referenced by the National Coalition for Asian Pacific American Community Development shows 73% of poor Asian American and Pacific Islanders live in the most expensive housing markets, and low-income members face a high risk of economic displacement. Know why they call Asians who are from France? French. US is the only country on Earth where skin tone is what 'defines' you. It is disgusting. Poor asain means they can only afford a C class Mercedes
Source: NBCNews - 🏆 10. / 86 Read more »
Here are some of the best analyst calls of the week on Wall Street including PayPal, WWECanaccord called Penumbra a 'top, long-term' pick and said the stock has everything an investor should want.
Source: CNBC - 🏆 12. / 72 Read more »