Markets were mixed on Friday.
The Nikkei 225 rose 0.8 percent and the STOXX Europe 600 rose 0.6 percent but the S&P 500 plunged 2.3 percent.
Vincent Juvyns, global market strategist at J.P. Morgan Asset Management, said that with “so much uncertainty surrounding trade talks, Brexit and Italy”, it is “not a good time to take bold risks”.
A report from the US Labor Department showed that the US economy added 155,000 new jobs in November.
While the employment report was weaker than expected, Martha Gimbel, director of economic research at Indeed Hiring Lab, said the US is still adding “twice the jobs that the economy needs to add each month to keep the unemployment rate steady”.
Eric Winograd, senior US economist at AllianceBernstein, said that “the labor market is strong and continues to get stronger” and thinks that the Federal Reserve “remains likely to raise rates over the course of the next year”.
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