Global markets mostly gain on upbeat US, China economic data
Seoul-South Korea (Apr 4) Global stock markets kicked off the week mostly higher on Monday as investor sentiment was boosted by the U.S. monthly job report showing a sustained recovery in the labor market and a rebound in Chinese manufacturing activity.
KEEPING SCORE: Britain's FTSE 100 rose 0.4 percent to 6,171.34 and Germany's DAX gained 0.5 percent to 9,840.99. France's CAC 40 added 0.5 percent to 4,343.16. U.S. futures showed a tepid start for Wall Street with Dow futures up 0.2 percent. S&P futures also rose 0.2 percent.
U.S. JOBS: The U.S. government said Friday that job growth continued at a strong clip in March, slightly stronger than investors expected and showing employers were confident enough to add staff despite the slowing economy. Employers added 215,000 jobs last month, a solid figure but not enough to keep up with the new job-seekers. More people also looked for work and wages edged higher.