LONDON — Shares rebounded in Europe and Asia on Friday as worries over U.S.-China trade friction were calmed by conciliatory comments from Beijing. Attention was turning toward upcoming U.S. jobs data.
KEEPING SCORE: In Europe, stock markets made up around half of Thursday's losses in morning trading. Germany's DAX climbed 0.5
THE DAY IN ASIA: Japan's benchmark Nikkei 225 added 0.8
ANALYST TAKE: "European and Asian markets have taken heart from a robust rebound last night in the U.S. that saw the Dow Jones claw back a whopping 700 points from the lows," said Chris Beauchamp, chief market analyst at IG.
TRADE WATCH: Despite skepticism over the trade truce Presidents Donald Trump and Xi Jinping reached last weekend in Buenos Aires, Argentina, Beijing has
PAYROLLS: How markets end the week could hinge on the upcoming U.S. nonfarm payrolls report for November. Economists have forecast that Friday's figures will show that employers added a healthy 195,000 jobs last month and that the unemployment rate stayed at a five-decade low of 3.7
ENERGY: U.S. benchmark crude rose 28 cents to $51.86 a barrel in electronic trading on the New York Mercantile Exchange while Brent crude, used to price international oils, rose 77 cents to $60.83.
CURRENCIES: The euro was down 0.1
The Associated Press
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