Global stocks claw back after US jobs report

US stocks broke a three-day losing streak on Wednesday, recovering some recent losses after a report showed the US private sector added more jobs than expected last month.

The Dow Jones industrial average rose 78.18 points, or 0.61 percent, to 12,837.33 at the close. The Standard & Poor's 500 Index climbed 9.27 points, or 0.69 percent, to 1,352.63. The Nasdaq Composite Index added 25.37 points, or 0.87 percent, to 2,935.69.

European stocks bounced from one-month lows, helped by an upbeat US job report and growing confidence Greece's bond swap offer to private creditors will succeed.

The FTSEurofirst 300 index of top European shares ended up 0.6 percent at 1,058.45 points, while the euro zone's blue-chip Euro STOXX 50 index was up 0.7 percent at 2,460.77 points.

In Asia, Japan's Nikkei average fell for the third session today as fears that Greece may not meet its bond swap deadline sapped risk appetite, while Brazil's weaker annual growth added to fears of a slowdown in the global economy.

Investors offloaded Tokyo's exporters, taking profit in blue chips that had stellar performances in February and shifting their attention to domestic-focused companies.

The benchmark Nikkei eased 0.6 percent to a two-week closing low of 9,576.06.

The broader Topix lost 0.6 percent to 822.71.