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December 16, 2017
Thursday, April 2, 2015

Wall St rises on optimism before US jobs data

US stocks climbed today after two sessions of losses, as a fall in jobless claims raised optimism ahead of a key payrolls report, while oil tumbled on fears of worsening oversupply if sanctions over Iran's nuclear program are dropped.

Data showing an unexpected fall in the number of Americans filing new claims for unemployment benefits boosted sentiment before the US Labor Department's nonfarm payrolls report for March, which will be released on the Good Friday holiday.

The Dow Jones industrial average closed up 65.06 points, or 0.37 percent, at 17,763.24. The S&P 500 closed up 7.27 points, or 0.35 percent, at 2,066.96. The Nasdaq Composite closed up 6.71 points, or 0.14 percent, at 4,886.94.

In Europe, shares dipped, trading in a tight range ahead of the Easter break, with Greece still at the forefront of investors' minds after its lenders said Athens needed to do more to unlock financial aid.

The FTSEurofirst index of 300 leading European companies closed down 0.20 percent at 1,586.76.

Meanwhile, Japan's Nikkei share average rose, rebounding from a three-week low, helped by short-covering and hopes that the central bank is buying stocks.

The Nikkei benchmark ended 1.5 percent higher to 19,312.79, posting the biggest daily percentage gain since February 12. The broader Topix gained 1.7 percent to 1,554.17 and the JPX-Nikkei Index 400 also added 1.7 percent to 14,126.63.

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Tags:  US  stock market  Europe  Nikkei  





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