Global Stocks Reach Six-month High After US Payroll Report, Trade Optimism

U.S market shares enjoyed weekly gains on Friday, with global stocks reaching their highest point marks amid positive news from the U.S labor Market data, and the optimistic reports coming from the US-China agreement.

Many feared the partial government shutdown in the last couple of months might have an adverse effect on proceedings, but data indicates that U.S employment has grown after a torrid 17 months.

Such an increment shows that there has been positive growth in the US economy, and this is having its own effect on the global market.
The Dow Jones observed a 39.95 point rise (0.15%, to 26,426.58), the S&P a 13.31 point rise (0.46%, to 2,892.7), while the Nasdaq saw an even larger boost of 46.91 points (0.59%, to 7,938.69).

With more talks to be held between the U.S and Chinese trade negotiators in the coming weeks, a swift resolution of the trade war will be positive news for the global market.