U.S. stocks tumbled, with the Nasdaq Composite Index falling the most since 2011, as a technology selloff resumed amid concern valuations may be too high at the start of earnings season.
Fewer Americans filed applications for unemployment benefits last week than at any time since before the last recession, indicating bigger gains in hiring will soon follow.
Job openings in the U.S. rose more than forecast in February to a six-year high as employers moved to boost hiring in response to rising consumer demand.
U.S. House Republicans are showing no sign that they’ll move forward legislation the Senate passed restoring benefits for the long-term unemployed.
Japan’s Topix index fell amid thin volume, ending its longest stretch of daily gains in three years, as investors await the release of U.S. jobs data today.
Asia’s benchmark stock index rose for a second straight week, with the gauge swinging between gains and losses amid low trading volume today as investors awaited data on U.S. jobs growth.
Mexico’s peso bonds fell for a fifth session, the longest streak of losses in five months, as signs that U.S. growth is faltering dimmed the outlook for the Latin American country’s exports.
U.S. stocks fell, after benchmark indexes climbed to records, as consumer and technology shares slumped before the government’s monthly jobs report tomorrow.
The number of Americans filing applications for unemployment benefits rose more than forecast last week after reaching a six-month low, a sign that progress in the labor market remains fitful.
Consumer confidence climbed last week from an almost two-month low, paced by improving perceptions of personal finances and the buying climate that signal shoppers will return to U.S. retailers as temperatures warm.
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