Saturday, 9 December 2017

Markets rise after positive economic reports

Markets rose on Friday.

The S&P 500 rose 0.6 percent to a record high after a report on Friday showed that the economy created 228,000 jobs in November.

J J Kinahan, chief market strategist at TD Ameritrade, described the report as “really good”.

The STOXX Europe 600 rose 0.7 percent after the UK and the European Union reported progress on negotiations over the terms of the former's exit from the latter.

The Nikkei 225 led Asian markets higher, jumping 1.1 percent after economic data from China and Japan beat expectations.

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