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US stock futures traded higher after the Easter holiday, continuing to add to Thursday’s earnings and Friday’s US government employment report, which showed that American employers created 916,000 jobs more than that they cut in the previous month.
| Ticker | Safety | Last | Change | Change % |
|---|---|---|---|---|
| I: DJI | DOW JONES AVERAGE | 33153.21 | +171.66 | + 0.52% |
| SP500 | S&P 500 | 4019.87 | +46.98 | + 1.18% |
| I: COMP | NASDAQ COMPOSITION INDEX | 13480.105533 | +233.23 | + 1.76% |
These numbers were well above the forecasts of 617,500 and almost double the growth in February, the report showed.
On Thursday, the Wall Street S&P 500 benchmark rose 1.2% on its last trading day before the holiday weekend, closing above 4,000 points for the first time.
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Investors were encouraged by the spread of coronavirus vaccines, despite the increasing number of infections in the United States, Europe and elsewhere that have led some governments to re-impose restrictions on travel and business.
On Friday, the yield on 10-year US Treasury bills, or the difference between market price and payment on maturity, rose to 1.72% from 1.68% on Thursday.
US stock futures traded higher after the Easter holiday, continuing to add to Thursday’s earnings and Friday’s US government employment report, which showed that American employers created 916,000 jobs more than that they cut in the previous month.
Yield has risen sharply this year, taking money out of inventories, under the expectation that reactivated economic activity will cause inflation to rise, reducing the payment amount in real terms. Meanwhile, Asian stock markets were mixed on Monday after Wall Street hit a record of optimism that the spread of coronavirus vaccines could allow global business to return to normal.
Tokyo and Seoul went up, while India and Thailand retreated. Markets in Greater China and Australia were closed for public holidays.
“Asia is moving cautiously this morning,” despite strong US job data and Wall Street gains, Oanda’s Jeffrey Halley said in a report.
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The Nikkei 225 in Tokyo rose 0.8% to 30,088.75, while the Kospi in Seoul rose 0.2% to 3,117.23.
India’s Sensex opened down 2.4% at 48,799.72. Singapore moved forward while Bangkok and Jakarta declined.
The main Asian stock markets rose on Friday after the record-breaking S&P day.
In the energy markets, US reference oil lost 57 cents to $ 60.88 a barrel in e-commerce on the New York Mercantile Exchange. The contract rose $ 2.29 on Thursday to $ 61.45. Brent oil, used to price international oils, fell 64 cents to $ 64.22 a barrel in London. It gained $ 2.12 in the previous session to $ 64.86 a barrel.
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The dollar was unchanged at 110.63 yen. The euro declined to $ 1.1759 from $ 1.1773.