- Record-breaking Root helps England dominate Pakistan in first Test
- German govt sees economy shrinking again in 2024
- Ex-UK soldier denies passing secrets to Iran intelligence
- Creator's death no bar to new 'Dragon Ball' products
- Three Kosovo Serbs on trial over 'secession plot' attack
- Van Gogh museum to launch Impressionism show
- French minister ups ante in Eiffel Tower Olympic rings row
- Japan PM calls snap election to 'create a new Japan'
- German police shut pro-Palestinian camp over Thunberg invite
- Chinese stocks tumble on lack of fresh stimulus
- Trio wins chemistry Nobel for protein design, prediction
- SE Asian summit urges end to Myanmar violence but struggles for solutions
- Wimbledon replaces line judges with electronic system
- Record-breaking Root hits hundred as England power to 351-3
- Record-breaking Root hits hundred as England's power to 351-3
- Sabalenka relishes 'much-needed' tennis rivalry with Swiatek
- Liverpool goalkeeper Alisson set for six weeks out
- Taylor Swift got police escort to London gigs after Austria terror plot
- Cook tips Root to break Tendulkar's all-time runs record
- British skull auction sparks Indian demand for return
- Joe Root: England's elegant Test record-breaker
- Braving war: Lebanon's 'badass' airline defies odds
- Klopp to return as head of Red Bull football operations
- Hezbollah strikes Israel, says it foiled Israeli incursions
- Jurgen Klopp to return as head of Red Bull football operations
- Sinner to face Medvedev in Shanghai Masters quarter-finals
- US weighs Google breakup in landmark trial
- Record-breaking Root guides England to 232-2 in reply to Pakistan's 556
- Japan PM dissolves parliament for 'honeymoon' snap election
- Chinese stocks tumble on stimulus upset, Asia tracks Wall St higher
- 7-Eleven owner confirms new takeover offer from Couche-Tard
- Goodbye Tito? Tomb at risk as Serbs argue over Yugoslav legacy
- Restoration experts piece together silent Sherlock Holmes mystery
- Sinner avoids Shanghai deja vu with assured Shelton win
- Pyongyang to 'permanently' shut border with South Korea
- Trumpet star Marsalis says jazz creates 'balance' in divided world
- No children left on Greece's famed but emptying island
- Nepali becomes youngest to climb world's 8,000m peaks
- Climate change made deadly Hurricane Helene more intense: study
- A US climate scientist sees hurricane Helene's devastation firsthand
- Padres edge Dodgers, Mets on the brink
- Can carbon credits help close coal plants?
- With EU funding, Tunisian farmer revives parched village
- Sega ninja game 'Shinobi' gets movie treatment
- Boeing suspends negotiations with striking workers
- 7-Eleven owner's shares spike on report of new buyout offer
- Your 'local everything': what 7-Eleven buyout battle means for Japan
- Three million UK children living below poverty line: study
- China's Jia brings film spanning love, change over decades to Busan
- Paying out disaster relief before climate catastrophe strikes
Stock markets mostly advance on easing US recession fears
European and Asian stock markets mostly rose Friday, the end of a roller-coaster week for equities, after US jobs data soothed concerns that the world's top economy could tip into recession.
Reaction to the figures released Thursday was in marked contrast to separate US employment numbers a week ago that triggered massive selling across markets on Monday.
Since then, equities have seen big fluctuations as traders seek to get on hold of the economic outlook for the United States and elsewhere.
"A drop in jobless claims helped alleviate recession fears," noted Mark Haefele, chief investment officer at UBS Global Wealth Management.
"Markets are now eyeing upcoming (US) inflation and retail sales data, which could lead to future volatility."
Wall Street rallied Thursday having endured sharp losses as the week began.
Recent trading sessions have been dominated also by sharp swings for the yen against the dollar, with the Bank of Japan indicating that it is done for now on raising rates and amid uncertainty over the pace of cuts to US borrowing costs.
Both currencies stabilised Friday. In commodities trading, oil prices rose slightly.
Data Thursday showed fewer people than forecast applied for US unemployment benefits last week, tempering worries about the economy.
"Despite the volatility in claims data, especially around this time of year, the data helped allay fears of a more rapid deterioration in the labour market," said National Australia Bank's Taylor Nugent.
Last week's US non-farm payrolls report came in well below forecast, triggering turmoil on markets.
Traders are now awaiting the release of next week's US inflation data as they attempt to judge the Federal Reserve's plans for interest-rate cuts.
Slowing prices and a softening labour market have ramped up bets on at least one US rate reduction before January.
In China meanwhile, data Friday showed consumer inflation rose more than expected in July to hit a five-month high, providing some much-needed positive news on the world's number-two economy.
China endured a period of deflation between October to January, when sliding prices of goods and services heightened worries of an economic slowdown.
- Key figures around 1045 GMT -
London - FTSE 100: UP 0.5 percent at 8,185.35 points
Paris - CAC 40: UP 0.5 percent at 7,285.07
Frankfurt - DAX: UP 0.3 percent at 17,740.14
EURO STOXX 50: UP 0.4 percent at 4,685.10
Tokyo - Nikkei 225: UP 0.6 percent at 35,025.00 (close)
Hong Kong - Hang Seng Index: UP 1.2 percent at 17,090.23 (close)
Shanghai - Composite: DOWN 0.3 percent at 2,862.19 (close)
New York - Dow: UP 1.8 percent at 39,446.49 (close)
Euro/dollar: UP at $1.0922 from $1.0921 on Thursday
Pound/dollar: UP at $1.2754 from $1.2750
Dollar/yen: DOWN at 147.16 yen from 147.20 yen
Euro/pound: UP at 85.64 pence from 85.63 pence
Brent North Sea Crude: UP 0.2 percent at $79.33 per barrel
West Texas Intermediate: UP 0.3 percent at $76.45 per barrel
P.Costa--AMWN