TOKYO (AP) — Global shares were mostly higher Friday, though markets in Shanghai and Hong Kong declined a day after the Chinese Communist Party marked its…
NEW YORK (AP) — Stocks are rising yet again as trading opens on Wall Street Friday. The S&P 500 is up 0.2% and on pace to climb for a seventh straight day. The Dow and Nasdaq are also modestly higher after a report showed the nation’s job market was stronger last month than expected. It’s a sign that more workers are returning to the labor force, though there’s still a ways to go before it returns to its strength from before the pandemic. Investors say that should keep the Federal Reserve on course to maintain its immense support for the economy a while longer. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. TOKYO (AP) — Global shares were mostly higher Friday, though markets in Shanghai and Hong Kong declined a day after the Chinese Communist Party marked its centenary with tough talk by President Xi Jinping. France’s CAC 40 edged down nearly 0.1% to 6,548.52. German’s DAX gained 0.2% to 15,629.70. Britain’s FTSE 100 edged up 0.1% to 7,134.65. The future for the Dow industrials was virtually unchanged at 34,511.0, and the S&P 500 future edged up less than 0.1%. Japan’s benchmark Nikkei 225 added 0.3% to finish at 28,783.28. South Korea’s Kospi was little changed, inching down less than 0.1% to 3,281.
