Friday, February 3, 2012

Jobs report

  • LONDON (Reuters) - Caution ahead of U.S. jobs figures kept a lid on gains for stock markets on Friday, although European shares inched up to six-month highs after data hinted the euro zone could yet avoid recession.
  • (Reuters)
  • The U.S. economy added 243,000 jobs in January, more than a month earlier, even as the impact of holiday hiring came out of the measure, and the best reading in several years. Unemployment was down again, to 8.3%.
  • (Forbes)
  • Oil prices hovered below $97 a barrel on Friday as traders awaited a key jobs report for signs of strength in the U.S. economy, the worlds largest. By early afternoon in Europe, benchmark crude for March delivery was up 14 cents at $96.
  • (NPR News)
  • Market tone: Stocks set for modest gains ahead of nonfarm payrolls; sterling, dollar lower; Treasurys seeking direction; Nymex March crude up 48c at $96.84, March Brent up 32c at $112.39; gold $3.10 higher at $1,761.70. Overnight action: U.
  • (Wall Street Journal)
  • Asian stock markets were mostly lower Friday ahead of a U.S. jobs report that is a key gauge of how robust the worlds No. 1 economy is. Benchmark oil was nearly unchanged at $96 per barrel while the dollar rose against the euro and the yen.
  • (AP - msnbc.com)
  • BANGKOK (AP) — World stock markets were mostly lower today ahead of a U.S. jobs report that is a key gauge of how robust the worlds No. 1 economy is.
  • (msnbc.com)
  • LONDON, Feb 3 (Reuters) - Caution ahead of U.S. jobs numbers kept a lid on gains for stock markets on Friday after an optimistic start to the year that has added more than 7 percent to global company values.
  • (Reuters UK)
  • The euro and the Australian dollar struggled to make much headway in Asia on Friday as a dip in Chinese non-manufacturing data weighed on sentiment ahead of a key jobs report in the United States.
  • (CNBC)
  • The economic pie is growing, but the share going to American workers is at a record low. Friday's jobs report is expected to show that Americans are not on their way to getting a bigger cut.
  • (New York Times Blogs)
  • German stocks were little changed near a six-month high before a report on U.S. jobs that will give the latest indication on the strength of the world's largest economy.
  • (Bloomberg)

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