Dollar, stocks rise after stronger-than-expected U.S. jobs data
NEW YORK - An unusually strong U.S. jobs report lifted the dollar to a five-and-a-half-year high against a basket of currencies on Friday and drove stocks higher, led by financial shares.
Financials outperform as FTSE rallies on strong U.S. data
LONDON - The FTSE 100 bounced back on Friday, with financial stocks among the best performers, as stronger-than-expected U.S. employment data buoyed global stock markets.
Dollar surges on strong U.S. jobs data, more room to rise
NEW YORK - The U.S. dollar reached fresh multiyear highs on Friday after a stronger-than-forecast November U.S. jobs report increased expectations the Federal Reserve may begin raising interest rates sooner than previously thought.
Oil pushes lower, undeterred by bullish jobs report
NEW YORK - U.S. crude oil closed at its lowest since July 2009 on Friday as Brent averaged below $70 a barrel in the week for the first time since 2010, as strong U.S. employment data did little to lift the oil market's bearish mood.
Sterling hits 15-month low versus dollar as U.S. payrolls surge
LONDON - Sterling hit a 15-month low against the dollar on Friday after data showed U.S. employers added the most jobs in nearly three years in November, the latest sign that the U.S. recovery is gaining momentum.
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