Stocks in Asia Trade Higher, Shrugging Off Missing Expectations in U.S. Jobs Report
Investors shrugged off the missing expectations in the U.S. jobs report as the market traded higher on Monday.
Investors shrugged off the missing expectations in the U.S. jobs report as the market traded higher on Monday.
11 พ.ค. 2564

Stocks in Asia traded higher on Monday after a positive session in Wall Street last Friday even with a weaker-than-expected April jobs report.
 
As of 9:25 local time in Thailand on May 10, 2021, Nikkei rose 0.89%, SSEC increased 0.10%, HSI advanced 0.46%, ASX 200 jumped 1.09% and Kospi gained 1.15%.
Last Friday, Dow Jones closed 230 points or 0.66% to 34,777.76 points. S&amp;P 500 increased 0.74% and Nasdaq advanced 0.88%.
In the meantime, SET Index closed at SET Index closed at 1,585.03 points, increased 13.12 points or 0.83% with a trading value of 93.8 billion baht.
 
On Friday, U.S. nonfarm payrolls added 266,000 net last month, which was much lower than economists polled by Dow Jones had expected 1 million additions. However, the market shrugged off the missing jobs report and focused on the Fed’s policy which is expected to maintain near zero.