Saturday 5 October 2019

Markets rise after “Goldilocks” US jobs report

Markets rose on Friday.

The S&P 500 surged 1.4 percent, the STOXX Europe 600n rose 0.7 percent and the Nikkei 225 rose 0.3 percent.

A report on Friday showed that the US economy added 136,000 new jobs in September.

“This is the classic definition of a ‘Goldilocks’ report,” said Michael Arone, chief investment strategist at State Street Global Advisors.

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