Asian Markets Swing Cautiously Amid US Economic Concerns

Reported 8 months ago

Global stock indexes rose on Friday, fueled by strong earnings from Amazon as investors awaited US payroll data ahead of the presidential election. Despite a stagnation in job growth due to industrial strikes and hurricanes, the unemployment rate remained steady at 4.1%. The S&P 500 and Dow Jones Industrial Average witnessed gains, while Treasury yields hit a four-month high. Overall, the market sentiment reflects caution amid economic uncertainties as investors prepare for potential shifts in fiscal policy depending on the election outcomes.

Source: YAHOO

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