- Duo wins Physics Nobel for 'foundational' AI breakthroughs
- German 'Maddie' suspect could be free in 2025 after cleared of separate sex crimes
- China slaps provisional tariffs on EU brandy imports
- Duo wins Physics Nobel for key breakthroughs in AI
- German 'Maddie' suspect could be free soon after cleared of separate sex crimes
- China says to take anti-dumping measures against EU brandy imports
- China stocks rally fizzles on stimulus worries amid Asia retreat
- China stocks rally peters out on stimulus worries amid Asia retreat
- Taiwan's Foxconn says building world's largest 'superchip' plant
- Nobel literature jury may go for non-Western writer
- From Bolivia to Indonesia, deforestation continues apace
- China holds off on fresh stimulus but 'confident' will hit growth target
- German suspect in 'Maddie' case faces verdict in sex crimes trial
- Top economic official 'confident' China will hit 2024 growth target
- COP29 fight looms over climate funds for developing world
- Shanghai stocks soar to extend stimulus rally amid Asia-wide drop
- Will Tesla's robotaxi reveal live up to hype?
- 'Invisibility' and quantum computing tipped for physics Nobel
- Oil prices extend gains on Mideast tensions, Wall Street falls
- 'Dark day': Victims mourned around the globe on Oct. 7 anniversary
- Mission to probe smashed asteroid launches despite hurricane
- Oil prices extend gains on Mideast tensions, Wall Street slips
- Europe's asteroid mission Hera launches despite hurricane
- Oil prices extend gains on Mideast tensions, Wall Street retreats
- What is microRNA? Nobel-winning discovery explained
- Weather may delay launch of mission to study deflected asteroid
- China to flesh out economic stimulus plans after bumper rally
- Asian markets track Wall St rally on US jobs data
- World marks anniversary of Oct. 7 attack on Israel
- Asian markets track Wall St rally on jobs data
- Cancer, cardiovascular drugs tipped for Nobel as prize week opens
- Tunisia incumbent Saied set to win presidential vote: exit polls
- 'Difficult day': Oct 7 commemorations begin with festival memorial
- Commemorations begin for anniversary of attack on Israel
- Tunisia voting ends as Saied eyes re-election with critics behind bars
- Drowned by hurricane, remote N.Carolina towns now struggle for water
- Two elephants die in flash flooding in northern Thailand
- Tunisia votes with Saied set for re-election
- Too hot by day, Dubai's floodlit beaches are packed at night
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Italy targets climate activists in 'anti-Gandhi' demo clampdown
- US trade chief defends tariff hikes when paired with investment
- EU court blocks French ban on vegetable 'steak' labelling
- Meta AI turns pictures into videos with sound
- US dockworkers return to ports after three-day strike
- DR Congo to begin mpox vaccination campaign Saturday in east
- Meta must limit data use for targeted ads: EU court
- Oil extends gains, jobs report lifts Wall Street
- US hiring soars past expectations in sign of resilient market
- As EU targets Chinese cars, European rivals sputter
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Global stocks mixed after strong US jobs data
Stock markets were mixed Friday after strong US jobs data raised concerns that the US Federal Reserve may continue to aggressively hike interest rates to tame inflation.
US government data showed that the world's biggest economy added 263,000 jobs in November, with the unemployment rate remaining at 3.7 percent.
Government figures also indicated a bigger jump in hourly wages than analysts had benchmarked.
Indices in New York initially tumbled on the release as markets feared it would extend the period of ultra-aggressive Federal Reserve interest rate hikes to counter inflation.
But markets recovered throughout the day, with the S&P 500 ending down 0.1 percent.
Investors were unnerved by the jump in wages "because that tends to feed inflation," said Quincy Krosby of LPL Financial
But traders also realize that "there's a positive side to this," she said. "The Fed has the luxury if you will to continue to raise rates, with smaller rate hikes. And the labor market remains resilient."
The jobs data comes two days after Federal Reserve Chair Jerome Powell signaled the central bank could moderate its aggressive posture on interest rates as soon as this month.
Earlier, London finished flat, while Frankfurt gained modestly and Paris dipped.
Investors were also focused on the oil market, where prices finished lower amid focus on talks on a price cap to limit Russia's oil revenues.
The G7 and EU agreed a $60-per-barrel price cap on Russian oil late Friday. Analysts were still assessing the effect of the price ceiling, but have said the impact on supply could be limited because Russia currently sells some oil below this price level.
Traders are also focused on OPEC+, which may decide Sunday to slash oil production further to boost prices for its members, which include Saudi Arabia and Russia.
"There remains considerable uncertainty around the action OPEC+ will take when it meets," noted OANDA trading platform analyst Craig Erlam.
Among individual companies, Boeing jumped 4.0 percent following a Wall Street Journal report that United Airlines is close to agreeing to order dozens of Boeing 787 Dreamliners. United shares were flat.
- Key figures around 2200 GMT -
New York - Dow: UP 0.1 percent at 34,429.88 (close)
New York - S&P 500: DOWN 0.1 percent at 4,071.70 (close)
New York - Nasdaq: DOWN 0.2 percent at 11,461.50 (close)
London - FTSE 100: FLAT at 7,556.23 (close)
Frankfurt - DAX: UP 0.3 percent at 14,529.39 (close)
Paris - CAC 40: DOWN 0.2 percent at 6,742.25 (close)
EURO STOXX 50: DOWN 0.2 percent at 3,977.90 (close)
Tokyo - Nikkei 225: DOWN 1.6 percent at 27,777.90 (close)
Hong Kong - Hang Seng Index: DOWN 0.3 percent at 18,675.35 (close)
Shanghai - Composite: DOWN 0.3 percent at 3,156.14 (close)
Euro/dollar: UP at $1.0531 from $1.0520 on Thursday
Dollar/yen: DOWN at 134.27 yen from 135.33 yen
Pound/dollar: UP at $1.2296 from $1.2247
Euro/pound: DOWN at 85.73 pence from 85.90 pence
Brent North Sea crude: DOWN 1.5 percent at $85.57 per barrel
West Texas Intermediate: DOWN 1.5 percent at $79.98 per barrel
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U.Ndiaye--CPN