Japan shares rise 1.2% in early trade as investors look ahead to this week’s U.S. jobs report
6 May 2021 | SET News
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Japan shares rise 1.2% in early trade as investors look ahead to this week’s U.S. jobs report
Asia-Pacific markets mostly rose in early trade Thursday as investors look ahead to the U.S. jobs report due later this week that may provide clues about how long the Fed will stay on hold.
Japanese markets returned to trade for the first time this week after being closed for public holidays. The benchmark Nikkei 225 jumped 1.33% while the Topix index was up 1.58% in early trade.
South Korea’s Kospi, which was also closed in the previous session, rose 0.24%.
Meanwhile, Australia’s ASX 200 slipped 0.1% as most sectors turned negative.
Thursday’s session in Asia-Pacific follows a mixed finish overnight on Wall Street where the Dow Jones Industrial Average ended at a new all-time closing high.