JSE faces weaker Asian markets on Friday as US jobs numbers underwhelm
Poor economic data and corporate earnings reports weigh on US markets overnight, with commodities and the rand also under pressure
19 February 2021 - 07:04
The JSE faces weaker Asian markets on Friday morning, with US markets weaker overnight following worrying corporate earnings and economic data.
US jobless claims spiked to 861,000 last week, much higher than expected, and above an upwardly revised 848,000 for the previous week. Retail giant Walmart also gave a downbeat forecast of operating conditions...
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