Markets were mixed on Friday.
The S&P 500 rose 0.4 percent, its seventh consecutive day of gains, but the STOXX Europe 600 was little-changed and the Nikkei 225 fell 0.6 percent.
A report on Friday showed that the US economy added 531,000 jobs in October.
“Markets are cheering a much better than expected jobs report this morning as nonfarm payrolls smashed expectations,” said Cliff Hodge, chief investment officer at Cornerstone Wealth.
Economic data from Europe were not as positive, with eurozone retail sales falling 0.3 percent in September and German industrial production falling 1.1 percent.
No comments:
Post a Comment