Wall Street stocks finished modestly lower Friday following a disappointing US jobs report, while Pentagon missile strikes on Syria lifted defense shares and oil prices.
Gold prices, a traditional safe haven in times of turbulence, also rallied following the Syria action, while global stock markets were mixed.
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Global stocks markets fell on Friday, as investors sought out safe havens such as gold and the yen after U.S. missile strikes on Syria fanned geopolitical concerns.
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The U.S. unemployment rate fell in March to 4.5 percent, its lowest level in nearly 10 years, but job creation tumbled unexpectedly, underscoring the challenges President Donald Trump faces to fulfill his 25-million-job pledge.
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Greece agreed on a fresh set of reforms with its eurozone creditors on Friday with hopes that Athens could unlock bailout cash in time to avert a debt default just months away.
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Asian energy shares rallied with oil prices Friday after the US launched missile strikes on Syria, fanning geopolitical concerns in the crude-rich Middle East and raising the prospect of friction with Russia.
Eyes are also on Florida as Chinese President Xi Jinping and Donald Trump move into day two of a relationship-building summit, which comes after months of accusations by the US tycoon that Beijing was killing US jobs and manipulating its currency.
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London may lose its commanding position as the financial hub of Europe once Britain has left the European Union, Eurogroup president Jeroen Dijsselbloem said Thursday.
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A long-term shift to low interest rates in major economies would heighten challenges to global financial stability by stressing banks and other financial companies, according to an IMF paper released Thursday.
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European markets largely tracked Wall Street on Thursday, with prices in New York edging up at the start of the session ahead of a U.S.-China presidential summit expected to focus on trade and North Korea.
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Asian markets turned lower Thursday, tracking a sell-off on Wall Street as investors were spooked by Federal Reserve minutes showing it is mulling a plan to tighten monetary policy by sucking cash out of the financial system.
New York's three main indexes turned lower on news that central bank policymakers were considering stopping, or at least slowing, the policy of reinvesting the income received from its $4.5 trillion-worth of Treasury bills and other assets.
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The European Parliament on Wednesday overwhelmingly adopted tough "red lines" for negotiations over a Brexit deal, on which EU lawmakers will have the final say in two years' time.
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