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The decline in Asian stock markets and the growth of Wall Street after the weak employment statistics in the US

irna_1313 · Source

The decline in Asian stock markets and the growth of Wall Street after the weak employment statistics in the US

The decline in Asian stock markets and the growth of Wall Street after the weak employment statistics in the US

Reuters: Following the release of employment data in the US, which were weaker than expected and reduced expectations for an interest rate hike by the "Fedal Reserve" (US central bank) at the end of the month, the main indices of the US stock market rose on Friday and the dollar weakened against the euro and the yen.

On Wall Street, reduced expectations for an imminent rate hike helped interest-sensitive stocks to rise; Including the EsandP 500 real estate index, which rose 0.4%, and the Russell 2000 small-cap index, which rose 0.9%, recorded the highest daily increase in the past month.

Irna Jahan