Wall Street rises following positive U.S. employment report

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Source: Reuters
The Dow futures jumped over 200 points, reaching the highest level since January 2, and the S&P 500 recovered from a two-week loss on Friday as U.S. employment report calmed investors' concerns that the Federal Reserve may scale back its asset purchase programme soon. The S&P 500 and the Nasdaq reported their greatest daily percentage climbs since April 16.
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Mon, 10 Jun 2013 12:05:08 GMT

Most European shares increase following three-week decline

Most shares in Europe climbed, recovering from the losses through a three week period, after Japanese economy grew more than  expected in the first quarter. U.S. stock-index futures and Asian stocks rose. The Stoxx Europe 600 Index advanced 0.1%, stocks recovered 4.8% since May 22 on speculation the Fed will scale back its stimulus as the U.S. economy improves.

Mon, 10 Jun 2013 11:03:06 GMT

U.S. Dollar climbs on employment data, Yen falls

The U.S. currency advanced versus the Japanese Yen and its major counterparts on Monday, adding to gains after Friday's positive U.S. employment data signaled that the Federal Reserve might start tapering stimulus soon. U.S. employment data rose hardly above expected 175,000 jobs in May, while the unemployment level inched up. The U.S. Dollar Index added 0.3% to 81.915.

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