The upbeat employment report from the Labor Department on Friday stood in stark contrast with reports this week showing Chinese factory activity contracting for the first time in 19 months in December and weak manufacturing across much of Europe and Asia.
US Jobs Report News Today
StockMarketNews.Today – Top US intelligence chiefs have issued a stark warning about ongoing Russian efforts to interfere in the upcoming US midterms. Dan Coats, director of national intelligence, said on Thursday that the US continued “to see a pervasive messaging campaign by Russia to try to weaken and divide the United States”.
Japan takes title of world’s second-largest stock market from China. Chinese equities have seen $2.29tn in valuation wiped off since January.
StockMarketNews.Today – Data from Bloomberg show Chinese equities were worth $6.09tn as of Thursday’s close, while Japan’s market was valued at $6.16tn. The US remained the biggest stock market at $31tn.