- Tunisia's President Saied set for landslide election win
- Barca hoping to return to Camp Nou 'by end of year'
- Trump to open second golf course at Scotland resort in summer 2025
- Super-sub Jhon Duran rewarded with new Aston Villa deal
- US duo win Nobel for gene regulation breakthrough
- Masood hits first ton for four years to power Pakistan to 233-1
- Fritz wins delayed match to reach Shanghai Masters third round
- Naomi Osaka pulls out of Japan Open with back injury
- Weather may delay launch of mission to study deflected asteroid
- China to flesh out economic stimulus plans after bumper rally
- Artist Marina Abramovic hopes first China show offers tech respite
- Asian markets track Wall St rally on US jobs data
- Pakistan 122-1 at lunch in first England Test
- Kazakhs approve plan for first nuclear power plant
- World marks anniversary of Oct. 7 attack on Israel
- 'Second family': tennis stars hunt winning formula with new coaches
- Philippines, South Korea agree to deepen maritime cooperation
- Mexico mayor murdered days after taking office
- Sardinia's sheep farmers battle bluetongue as climate warms
- Japan govt admits doctoring 'untidy' cabinet photo
- Israel marks first anniversary of Hamas's October 7 attack
- Darvish tames Ohtani as Padres thrash Dodgers
- Asian markets track Wall St rally on jobs data
- Family affair as LeBron, Bronny James make Lakers bow
- Cancer, cardiovascular drugs tipped for Nobel as prize week opens
- As Great Salt Lake dries, Utah Republicans pardon Trump climate skepticism
- Amazon activist warns of 'critical situation' ahead of UN forum
- Mourners pay tribute to latest victims of deadly Channel crossing
- Tunisia incumbent Saied set to win presidential vote: exit polls
- Phillies win thriller to level Mets series
- Yu bags first PGA Tour win with playoff win
- PSG held by Nice to leave Monaco clear at top of Ligue 1
- AC Milan fall at Fiorentina after De Gea's penalty heroics
- Lewandowski treble for leaders Barca as Atletico held
- Fresh Israeli strikes hit south Beirut
- Sucic stunner earns Real Sociedad draw against Atletico
- PSG draw with Nice, fail to reclaim top spot in Ligue 1
- Gudmundsson downs AC Milan after De Gea's penalty heroics for Fiorentina
- 'Yes' vote prevails in Kazakhstan nuclear plant vote: TV
- 'Difficult day': Oct 7 commemorations begin with festival memorial
- Commemorations begin for anniversary of attack on Israel
- Lewandowski hat-trick powers Liga leaders Barca to Alaves victory
- 'Nothing gets in way of team,' says Celtics' MVP hopeful Tatum
- India maintain Pakistan stranglehold as Windies cruise at Women's T20 World Cup
- 'We will win!': Mozambique's ruling party confident at final vote rally
- Tunisia voting ends as Saied eyes re-election with critics behind bars
- Florida braces for Milton, FEMA head slams 'dangerous' Helene misinformation
- Postecoglou slams 'unacceptable' Spurs after 'terrible' loss at Brighton
- Marmoush double denies Bayern outright Bundesliga top spot
- Rallies worldwide call for Gaza, Lebanon ceasefire
Stocks, dollar recover from US jobs disappointment
European and US stock markets bounced higher and the dollar recovered Monday after big pre-weekend falls over concerns about the health of the US economy.
Global stocks markets slumped Friday following data showing weaker than expected US jobs growth, which raised concerns about the economy.
Following Friday's sharp losses -- which followed drops earlier in the week -- a rebound attempt is no surprise, said Briefing.com analyst Patrick O'Hare.
"It is simply the start of something after big losses, which makes it reflexive in nature," he said in a note to clients.
"Frankly, how the market starts today is irrelevant to how it finishes."
Friday's jobs data also raised expectations that the US Federal Reserve will cut interest rates next week after holding them at a 23-year high to tame inflation.
The highly anticipated non-farm payrolls report showed an estimated 142,000 jobs were created in the United States last month, up on July but well off forecasts.
Traders have been on edge since the July figures, which helped to spark a market rout on speculation that the Fed may have waited too long to cut borrowing costs as it focused on bringing down inflation.
Debate is centred on whether the Fed will reduce rates by 25 or 50 basis points.
"The report didn't suggest a severe downturn is imminent, but the softness in the numbers certainly point to an increase in the probability a recession could be on the cards," said Rodrigo Catril, currency strategist at National Australia Bank.
"The Fed may just cut by 25 basis points in September, but it will keep its options open for bigger cuts in November and or December, depending on how the data evolves from here."
In Europe, investors awaited an expected interest-rate cut from the European Central Bank on Thursday.
The European Central Bank is set to cut eurozone borrowing costs once more as inflation in the single-currency bloc drifts back towards the ECB's two-percent target.
"Wage pressure has been a key driver of eurozone inflation this year, and now that it is retreating it could allow the ECB to embark on a prolonged rate-cutting cycle," said Kathleen Brooks, research director at trading platform XTB.
Asian shares ended lower on Monday.
A slight uptick in Chinese inflation did little to soothe worries about the world's number two economy, with the reading at a six-month high but missing forecasts.
Oil prices clawed back some of Friday's big losses sparked by demand concerns as the US outlook weakened.
The commodity was supported by news that OPEC and other key producers had delayed a planned output boost, analysts said.
- Key figures around 1330 GMT -
New York - Dow: UP 0.6 percent at 40,578.45 points
New York - S&P 500: UP 0.8 percent at 5,448.87
New York - Nasdaq: UP 0.9 percent at 16,838.07
London - FTSE 100: UP 0.7 percent at 8,236.71
Paris - CAC 40: UP 0.7 percent at 7,399.75
Frankfurt - DAX: UP 0.5 percent at 18,390.62
Tokyo - Nikkei 225: DOWN 0.5 percent at 36,215.75 (close)
Hong Kong - Hang Seng Index: DOWN 1.4 percent at 17,196.96 (close)
Shanghai - Composite: DOWN 1.1 percent at 2,736.49 (close)
Euro/dollar: DOWN at $1.1050 from $1.1089 on Friday
Pound/dollar: DOWN at $1.3097 from $1.3132
Dollar/yen: UP at 142.90 yen from 142.29 yen
Euro/pound: DOWN at 84.38 pence from 84.41 pence
Brent North Sea Crude: UP 0.3 percent at $71.28 per barrel
West Texas Intermediate: UP 0.4 percent at $67.95 per barrel
burs-rl/lth
P.Martin--AMWN