The Latest Breaking News from Jobs Report

WASHINGTON: A strong August jobs report means the US Federal Reserve will continue to aggressively raise interest rates, though a surge in the labour force could give central bankers the option to back off a little if they choose.

U.S. stocks traded mostly higher this morning on Friday, following the release of jobs report for August.

Pre-open movers U.S. stock futures traded mostly flat in early pre-market trade ahead of the much-awaited jobs report for August. U.S. stocks closed mostly higher, with the Dow Jones adding around 146 points on Thursday after all the three major indices notched their weakest August performance since 2015.

Hong Kong stocks opened mixed on Friday ahead of the release of the U.S. jobs report that would give more cues on the course and aggression of the U.S. rate hike later this month. The Hang Seng index lost 0.5% in opening trade. Shares of XPeng lose over 3% in the morning session.

Raging inflation has so scrambled the economy that it’s come to this: If Friday’s jobs report for August were to show a significant hiring slowdown, the Federal Reserve — and even the White House — would likely welcome it

Oil prices have remained near to a six-month low, despite Friday’s US jobs report easing fears about an imminent global recession.

The better-than-expected employment numbers are fueling investors' inflation fears and causing the stock market to fall.

Hong Kong’s benchmark Hang Seng Index opened in the green on Friday, gaining 0.3% in morning trade, even as Wall Street ended on a mixed note overnight ahead of the release of a U.S. jobs report.

June inflation rose at the fastest pace since November 1981. However, the latest job report presented a healthy picture of the economy. Thus, we think penny stocks Annexon (ANNX), Aprea Therapeutics (APRE), Yatsen (YSG), and Endo International (ENDP), which have been outperforming the market over the past month, could be…

U.S. stocks traded lower toward the end of trading as investors digested the recent jobs report for the month of June.

U.S. stocks traded lower midway through trading following the release of jobs report on Friday.