Giovedì, 18 Ottobre 2018

European markets advance on U.S. unemployment data


Milan, May 3 - Markets gained across Europe on
Friday, paced by Milan's FTSE-Mib index, as stocks reacted to
positive US employment data.
A Labor Department report released Friday showed the
jobless rate in the world's largest economy dropped to the
lowest levels since 2008.
The report showed payrolls grew by 165,000 workers in
April, compared to a revised 138,000 March gain, while the
jobless rate fell to 7.5% from 7.6% in March.
Italy's FTSE-Mib index gained 1% to 16,922 points.
The yield spread between 10-year Italian bonds and the
German benchmark equivalent, a barometer of Italy's borrowing
costs in the eurozone crisis, closed at 251 points with 10-year
yields at 3.8%.
The Frankfurt Dax bourse reached a record 8,117 points,
while the Paris Cac 40 index rose 1.3% to 3,909 points.
Madrid's Ibex index advanced 1.6% to 8,539 points.
London's Ftse-100 stock market closed up 0.8% to 6,514

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