<!– google_ad_section_start –> BANGKOK (AP) — A strong U.S. jobs report helped propel Asian stock markets higher on Monday. The U.S. government reported that the unemployment rate fell to 7.7 percent from 7.9 percent in January and that employers added far more jobs in February than expected, despite higher taxes and cuts in government spending. The good news overshadowed a credit downgrade slapped on Italy by Fitch Ratings Agency on Friday, which said the country’s inconclusive election that left no party in clear control of the government harmed the chances of Italy moving ahead with economic reforms. <!– google_ad_section_end –>
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Asia stocks rise after strong US jobs report
Asia stocks rise after strong US jobs report
<!– google_ad_section_start –> BANGKOK (AP) — A strong U.S. jobs report helped propel Asian stock markets higher on Monday. The U.S. government reported that the unemployment rate fell to 7.7 percent from 7.9 percent in January and that employers added far more jobs in February than expected, despite higher taxes and cuts in government spending. The good news overshadowed a credit downgrade slapped on Italy by Fitch Ratings Agency on Friday, which said the country’s inconclusive election that left no party in clear control of the government harmed the chances of Italy moving ahead with economic reforms. <!– google_ad_section_end –>
Read the original here:
Asia stocks rise after strong US jobs report
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