Asian and European stock markets surged Friday, buoyed by a rebound in tech shares and diminished expectations of imminent US interest rate hikes. A weaker-than-anticipated US jobs report eased concerns about aggressive Fed tightening, prompting a recovery in the yen and boosting global investor sentiment. This shift provided a welcome respite for markets, particularly in Europe, which benefited from lower borrowing cost outlooks.

Tech stocks led losses across most of Asia on Thursday as investors continued to unwind huge bets on the sector that have propelled markets to record highs this year.

US markets climbed after June hiring slowed more than expected, easing fears of further Fed tightening. The data pointed to a cooling but resilient labour market, lifting…

Wall Street opened higher after softer June jobs data eased fears of aggressive Fed rate hikes. Gains were modest across major indices, with investors reacting positively to signs…

US markets closed mixed as weak June jobs data cooled rate hike fears. Nasdaq fell on tech and chip stock declines, while the Dow rose strongly. Tesla slipped despite strong…

Nasdaq was hit as the tech and communication sectors lagged, while the Dow outperformed and printed a fresh record high.

Asian stocks rose Friday as tech firms enjoyed a much-needed reprieve from the heavy selling of recent weeks, with a big miss on US jobs creation soothing worries over a Federal…

(Bloomberg) -- Stocks rebounded after two days of tech-led losses in the US that were fueled by concerns the artificial intelligence-driven rally had run ahead of itself. Gold…

Asian stocks rose Friday as tech firms enjoyed a much-needed reprieve from the heavy selling of recent weeks, with a big miss on US jobs creation soothing worries over a Federal…

(Bloomberg) -- Stocks rebounded after two days of tech-led losses in the US that were fueled by concerns that the artificial intelligence-driven rally had run ahead of itself. The…

(Bloomberg) -- Stocks rose as the latest bout of jitters about the sustainability of the AI-trade subsided, with Europe’s benchmark holding near a record high. The dollar was on…

Asian and European stock markets surged Friday, buoyed by a rebound in tech shares and diminished expectations of imminent US interest rate hikes. A weaker-than-anticipated US…