Market Buzz: Interest in ECB and US jobs
Russian markets declined Wednesday amid negative global background and falling oil prices. The MICEX shed 0.9% and the RTS dropped 1%.
European stocks closed in negative territory Wednesday as worries that a bailout for Spain will happen later rather than sooner dented sentiment. The Stoxx Europe 600 fell 0.1%. Spain’s IBEX 35 dropped 0.5% triggered by banking sector. The French CAC 40 shed 0.2% amid losses of Alstom industrial major and oil group Total. But Germany’s DAX 30 bucked the trend, adding 0.2%.
US markets rose modestly Wednesday, following improved data on US private-sector jobs and activity in the services sector. The Dow Jones added 0.1%, the S&P 500 itched 0.4% and the Nasdaq Composite climbed 0.5%.
Asian markets moved mostly higher in volatile trade Thursday, with Japanese car makers showing strong performance. Japan’s Nikkei Stock jumped 1.2%, while Australia’s S&P/ASX 200 rose 0.3% and Hong Kong’s Hang Seng climbed 0.2%. Floors on the Chinese mainland remain closed for the Golden Week holidays until Monday. South Korea’s Kospi traded flat as the market reopened after a holiday.