Stock markets subdued as investors focus on US tax, jobs - News Summed Up

Stock markets subdued as investors focus on US tax, jobs


Global stock markets were subdued Thursday as investors focused on the U.S. tax reform and looked ahead to an upcoming U.S. jobs report. Futures augured a soft opening on Wall Street — Dow futures were down 0.1 percent while S&P futures were flat. U.S. JOBS: A report from payroll processor ADP showed private employers added 190,000 jobs last month, slightly better than expected. The report comes two days before a government jobs report, among the last key economic indicators before the Federal Reserve's meeting next week. CURRENCIES: The dollar rose to 112.74 Japanese yen from 112.27 yen while the euro weakened to $1.1786 from $1.1796.


Source: ABC News December 07, 2017 07:24 UTC



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