Friday 8 May 2015

Asian Market Update

S&P 500 Index rose 0.38 percent,
with the S&P tech index up 0.87 percent. Many investors now look to the US employment report due later on Friday, with traders expecting nonfarm payrolls to recover to gains of 224,000 in April from a shockingly low 126,000 in March.
Another weak reading could deepen worries that the US economy may not be gathering momentum.


 

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