US jobs strength revives rate-hike concerns for stocks

AP · 16 days ago
  • Asian shares were mostly higher in early Friday trading, with Japan’s Nikkei 225 up 0.6% and South Korea’s Kospi up 0.9%.
  • The report linked the renewed rate-hike expectations to a surprisingly strong jobs report and said stocks fell in response.

Quotes

Asian shares were mostly higher in early Friday trading, as regional market sentiment got a boost from the rally on Wall Street, mostly from big technology stocks.AP

Sources