- Shanghai stocks gain after stimulus briefing as Asian markets rally
- South Korea military says 'fully ready' as drone flights anger North
- Pakistan 'vigilantes' behind rise in online blasphemy cases
- Nearly 90, but opera legend Kabaivanska is still calling tune
- Smith experiment as Test opener over, Green out of India series
- With inflation down, ECB eyes faster tempo of rate cuts
- Is life possible on a Jupiter moon? NASA goes to investigate
- Dodgers crush Mets 9-0 in MLB playoff series opener
- South Korea military says 'fully ready' as drone tensions soar
- Cummins back, Marsh and Head out of Pakistan ODI series
- Shanghai stocks swing after stimulus briefing as most of Asia rises
- New Zealand's Latham promises 'no fear' as he takes charge for India Tests
- Kyrgios vows to 'shut up' doubters with December comeback
- Public hearings start into death of Brit by Russian nerve agent
- Ex-Stasi officer faces verdict over 1974 Berlin border killing
- Role of government, poverty research tipped for economics Nobel
- 'Stolen satire' feeds US election misinformation
- Rookie McCarty captures first PGA Tour title in Black Desert Championship
- Australia all-rounder Green ruled out of India Test series
- Seeing double in Nigeria's 'twins capital of the world'
- UK FM to attend EU foreign affairs talks for first time in 2 years
- Carter, Billups among 13 new Basketball Hall of Fame inductees
- Ravens rip Commanders as Lions lose NFL sacks leader in win
- Hezbollah drone strike kills four, wounds dozens at Israeli base
- China says launches military drills around Taiwan
- Stewart leads Liberty past Lynx to level WNBA Finals
- England return to winning ways in Nations League, Austria thrash Norway
- UN chief says attacks on UNIFIL 'may constitute a war crime'
- Ravens outlast Commanders while Bucs batter Saints in NFL
- Dozens hurt in Israel as Hezbollah claims drone strike
- England deserve 'world class' coach: Carsley
- Burkina Faso win to become first qualifiers for 2025 AFCON
- AC Milan's Pulisic among five out for USA match in Mexico
- France's Amandine Henry retires from international football
- Centre-left set to win pro-Ukraine Lithuania's vote
- India's World Cup hopes in Pakistan hands after Australia defeat
- Zelensky says NKorea sending troops to Russian army
- England beat Finland to get back on track
- King and Lewis propel West Indies to T20 triumph over Sri Lanka
- Pre-Halloween 'Terrifier' lands atop North America box office
- 'I still plan to compete and play next season,' says Djokovic
- Harris, Trump seek advantage in knife-edge election battle
- Chepngetich shatters women's marathon world record in Chicago
- Kamindu and Asalanka power Sri Lanka to 179 against West Indies
- Chepngetich shatters women's marathon world record as Korir wins in Chicago
- Spain send injured Yamal home 'to prioritise player's health'
- In milestone, SpaceX 'catches' megarocket booster after test flight
- Iraq walks fine line with pro-Iran factions to avoid war
- Race four abandoned after New Zealand breeze into 3-0 lead in America's Cup
- West Indies win toss, put Sri Lanka in to bat in first T20
US stocks, dollar gain after strong jobs data
Wall Street stocks finished the week on a positive note Friday following solid labor and consumer data, while the dollar pushed higher.
The US economy added 199,000 jobs in November, while the jobless rate ticked down to 3.7 percent from 3.9 percent, according to Department of Labor figures, better than analyst expectations.
"So far, that soft-landing is reinforced by this report," said Angelo Kourkafas, investment strategist at Edward Jones. "The labor market remains strong but it's slightly easing."
All three major indices advanced, with the broad-based S&P 500 winning 0.4 percent.
"All in all, this report should make you less anxious about a recession," said Callie Cox at eToro. "The job market is still in a good place, and wage growth is still coming down. That's what the Fed wants to see."
US equities initially wavered after the data boosted Treasury yields amid expectations that the strong labor figures could delay the Federal Reserve from cutting interest rates.
But Kourkafas cited robust consumer confidence data also released Friday as a positive catalyst, noting that the report from the University of Michigan showed improving sentiment about inflation.
The dollar advanced against the euro and other major currencies following the upbeat data.
Elsewhere, European equities advanced, with Frankfurt's DAX again striking new record trading and closing highs.
But equities in Tokyo suffered another drop, with the Nikkei 225 falling 1.7 percent. The index experienced a similar decline on Thursday following a surge in the yen.
Oil prices jumped more than two percent, finally advancing after six straight down days in a move analysts attributed to a technical bounce.
Among individual companies, Honeywell International dropped 1.6 percent after reaching a deal to acquire Carrier Global's security business for $5 billion. Carrier climbed 4.5 percent.
- Key figures around 2150 GMT -
New York - Dow: UP 0.4 percent at 36,247.87 (close)
New York - S&P 500: UP 0.4 percent at 4,604.37 (close)
New York - Nasdaq: UP 0.5 percent at 14,403.97 (close)
London - FTSE 100: UP 0.5 percent at 7,554.47 (close)
Paris - CAC 40: UP 1.3 percent at 7,526.55 (close)
Frankfurt - DAX: UP 0.8 percent at 16,759.22 (close)
EURO STOXX 50: UP 1.1 percent at 4,523.31 (close)
Tokyo - Nikkei 225: DOWN 1.7 percent at 32,307.86 (close)
Hong Kong - Hang Seng Index: DOWN 0.1 percent at 16,334.37 (close)
Shanghai - Composite: UP 0.1 percent at 2,969.56 (close)
Dollar/yen: UP at 144.97 yen from 144.13 yen on Thursday
Euro/dollar: DOWN at $1.0767 from $1.0794
Pound/dollar: DOWN at $1.2550 from $1.2594
Euro/pound: UP at 85.76 pence from 85.70 pence
West Texas Intermediate: UP 2.7 percent at $71.23 per barrel
Brent North Sea crude: UP 2.4 percent at $75.84 per barrel
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G.Stevens--AMWN