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Stocks Mixed, Dollar Weakens as Markets Digest US Jobs Data, Chip Rally, Oil Surge
Global stocks traded mixed and the US dollar weakened as investors weighed strong US job growth, a rally in chipmaker stocks, and elevated oil prices.
Dollar Slides on Stock Strength and Weak Consumer Sentiment
The US dollar weakened as strong equity markets and disappointing consumer sentiment data reduced safe-haven demand.
Major European Indices Close Lower, US Tech Stocks Rally
European stock indices closed mostly lower on Friday, with the German DAX falling 1.44%, while US tech stocks rallied, led by the Nasdaq up 1.32%.
European markets steady as traders eye US jobs report
European markets traded in a steadier mood on Friday, with the US dollar weakening across the board as traders await the key US jobs report later in the session.
UK Elections Threaten Pound's Resilient Run as Gilt Yields Surge
The pound has remained resilient despite surging gilt yields and political uncertainty from UK elections, outperforming most G-10 peers since March.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.