U.S. Treasury yields steady Monday morning as markets for government debt wrestled with the outlook for the economy inside and outside the U.S. after a A 266,000 April nonfarm-payrolls gain marked a big missed forecast for economists’ predictions for those data since the 1990s.
U.S. stocks look set for a mixed start to the week, after the Dow and S&P 500 closed at record highs on Friday despite a weaker than expected April jobs report.
Stock-index futures trade mixed Monday, after the Dow Jones Industrial Average and the S&P 500 ended last week at records following a disappointing jobs report that was seen keeping the Federal Reserve from tightening policy.
AMC Entertainment Holdings Inc. shares gained almost 5% Friday to end an eight-day losing streak, after the world’s biggest cinema chain outlined a path to recovery after being shut down or forced to operate at limited capacity for much of 2020 during the pandemic.
The Stoxx Europe 600 was flat, but inching toward a fresh record. U.S. futures were mixed, with all eyes on gasoline prices after a major hacking at a U.S. pipeline.