Asian stocks followed Wall Street higher on Friday as concerns over U.S. interest-rate hikes eased and focus shifted to the all-important U.S. jobs report later in the day.

Economists expect employment to climb by 55,000 jobs in August after a decline of 23,000 jobs in July. The unemployment rate is expected to tick up to 4.2 percent from 4.1 percent.

Brent crude futures fell slightly to around $95 a barrel but were up more than 8 percent so far this week due to renewed U.S.-Iran hostilities and elevated concerns over supply disruptions.

Subscribe to continue reading the article.

This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.

Start Free Trial

FREE 7-Day Trial – No Payment Required




Asian Shares Follow Wall Street Higher As Rate-hike Worries Ebb

2026-09-04 08:42:04

Leave a Reply

Pantère Group

Infinity Building
Amstelveenseweg 500
1081 KL Amsterdam, Netherlands

E: Info@pantheregroup.com