Stock Futures Edge Up Ahead of Jobs Report

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US nonfarm payrolls are expected to increase by 490,000 in March and the unemployment rate is forecast to fall to 3.7%

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In Europe, the Stoxx Europe 600 rose 0.1% in morning trade as gains in healthcare and real-estate sectors were muted by losses in utilities and communication services sectors.

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The UK’s FTSE 100, which is dominated by large international businesses, added 0.2%. Other stock indexes in Europe were also mostly higher Germany’s DAX climbed 0.5% and France’s CAC 40 edged up 0.2%.

The British pound slipped 0.1% against the US dollar, with 1 pound buying $1.31 whereas the Swiss franc and the euro were broadly flat against the dollar.

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In commodities, the international benchmark Brent crude was down 1.6% to $103.00 a barrel. Gold also slipped 0.9% to $1,936.40 a troy ounce.

The German 10-year bund yield gained to 0.612% and 10-year gilts yields rose to 1.678%. The yield on 10-year US Treasury gained to 2.407% from 2.324%. Yields move inversely to prices.

Indexes in Asia were mixed as China’s benchmark Shanghai Composite added 0.9% after falling as much as 0.6% during the session, whereas Hong Kong’s Hang Seng fell 0.9% and Japan’s Nikkei 225 index shed 0.6%.

—An artificial-intelligence tool was used in creating this article.

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Credit: www.Businesshala.com /

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