Overseas Trading: Global Stocks Mixed Ahead of Jobs Friday

Global stocks are mixed ahead of Friday's U.S. nonfarm payrolls report

by Kirra Fedyszyn

Published on Mar 3, 2016 at 8:42 AM
Updated on Jun 24, 2020 at 10:16 AM

Stocks in Asia finished the day mostly higher, despite an overnight retreat in oil prices. Japan's Nikkei added 1.3% as weakness in the yen boosted exporters, while China's Shanghai Composite gained 0.4%, despite data indicating growth in the service sector softened last month. South Korea's Kospi climbed 0.6% after a larger-than-expected gain in annual inflation. However, Hong Kong's Hang Seng bucked the trend, dropping 0.3%.

Meanwhile, European stocks are mostly in the red at midday, as traders exercise caution ahead of Friday's U.S. jobs report. London's FTSE 100 was last seen just below breakeven, after Markit's purchasing managers index (PMI) for the U.K. hit a near three-year low, while France's CAC 40 is off 0.4%, and the German DAX has shed 0.3%.

160303OS


Sign up now for Schaeffer's Market Recap to get all the day's big stock movers, must-know technical  levels, and top economic stories straight to your inbox.


A Schaeffer's 39th Anniversary Exclusive!

8 Top Stock Picks for 2020

Access your FREE insider report before it's too late!


  
 
 

Partnercenter