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Friday,08 October 2021 at 15:58
and European markets closed lower following a roller-coaster week for global stocks, as investors
digested a dire U.S. jobs report.
U.S. stocks struggled for
direction as investors digested a key report on the labour
market’s recovery, which showed a much weaker-than-expected pace of hiring last
Oil priced higher.
Gold hit a more than
two-week high as the dollar took a breather after U.S. jobs
data came in well below expectations.
In corporate news, oil giants BPand Shellgushed
higher as oil prices rallied.
trading up after Transport Secretary Grant Shapps said he wants to scrap
expensive PCR tests for international travellers returning to England in time
for the October half-term holiday.
At the close
FTSE 100 7,095 +0.25%
FTSE 250 22,536 (-0.10%)
DAX 15,206 (-0.29%)
Dow Jones 34,774 +0.05%
S&P 500 4,400 +0.02%
NASDAQ 14,619 (-0.24%)
UK 10-YR YIELD 1.164
Gold $1,757 +0.25%
Brent $83.20 +0.92%
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.