Monday At The Open

In US economic data, non-farm payrolls (employment) rose by 261,1000 in October (forecast +310,000) after a upwardly-revised 18,000 rise in jobs in September (previously -33,000). Average earnings were flat (forecast +0.2%) and the jobless rate fell.

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Monday At The Open

US blue-chip shares rose on Friday. Investors went about their business after Janet Yellen failed to mention monetary policy in her speech. The US president’s chief economic adviser Gary Kohn said that the White House would turn its attention to tax reform in the coming week.

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Monday At The Open

US sharemarkets rose on Friday as bargain-hunters moved in. Also the low inflation data favoured growth-focussed sectors as opposed to banks. Shares in Snap fell 14% to record lows as the company disappointed with the latest data on revenue and daily users.

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Friday At The Open

US markets fell sharply on Thursday as investors responded to the tensions between the US and North Korea. North Korea’s claim it was completing plans to fire four intermediate range missiles over Japan to land near Guam drove the initial selloff.

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Tuesday At The Open

US sharemarkets were mixed on Monday. The ongoing strength in Boeing shares continued to lift the Dow Jones but selling in Facebook and Alphabet weighed on the technology sector. Seven of the 11 major S&P sectors were higher, with the financial sector.

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