World Shares Are Mixed After Blockbuster U.S. Jobs Report

World shares were mixed on Monday while oil prices pushed higher after the Israeli military said that projectiles fired from Gaza set off sirens in central Tel Aviv, as Israel marked exactly a year since the Oct. 7 attack by Hamas, Elaine Kurtenbach reported for the Associated Press (AP).

Asian shares logged strong gains after a surprisingly strong US jobs report raised optimism about the economy, sparking a rally Friday on Wall Street. I Photo: Josh Hallett Wikimedia Commons

After a day of strong gains in Asia, shares fell in Europe. The CAC 40 in Paris edged 0.1% lower to 7,530.43. Germany’s DAX lost 0.3% to 19,059.46, and the FTSE 100 in London was down 0.1% at 8,275.18.

The futures for the S&P 500 and the Dow Jones Industrial Average were down 0.4%.

Asian shares logged strong gains after a surprisingly strong US jobs report raised optimism about the economy, sparking a rally Friday on Wall Street.

Japan’s Nikkei 225 index gained 1.8% to 39,332.74 after the yen sank against the US dollar. Elsewhere in Asia, Hong Kong’s Hang Seng index rose 1.6% to 23,099.78, and the Kospi in Seoul surged 1.6% to 2,610.38. Taiwan’s Taiex gained 1.8%.