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Friday, 3 October 2014

Stellar U.S. jobs data boosts dollar and stocks

Photo illustration of one hundred dollar notes in Seoul By Herbert Lash NEW YORK (Reuters) - The dollar climbed to a more than four-year peak and global equity markets rose on Friday after data showed U.S. employers stepped up hiring in September and the jobless rate fell to a six-year low, further signs of a relatively strong economy. The strong dollar helped pushed gold below $1,200 an ounce for the first time this year after a Labor Department report showed U.S. nonfarm payrolls rose by 248,000 last month and the jobless rate fell two-tenths of a point to 5.9 percent. ...








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