HONG KONG, China – Markets rose in Asia on Friday, capping another painful week for investors as a forecast-beating US jobs report and Joe Biden’s pledge to double his vaccination target soothed recent worries over rising infections and new lockdowns in Europe.
However, long-running concerns over inflation caused by the expected economic resurgence continue to cast a pall over trading floors, while China-US tensions have also inched back into the narrative.
Wall Street’s three main indexes enjoyed gains after data showed US unemployment claims last week came in below 700,000 for the first time since the pandemic, reinforcing optimism that the world’s top eco…
Keep on reading: Asian markets build on Wall St lead after US jobs data