It was a stock market reversal. Stocks rose sharply Thursday, with large parts of the market erasing Wednesday’s losses, as investors cheered a batch of strong earnings and data that showed the US economy grew at a robust annual rate of 3.2 percent in the fourth quarter.
Tokyo stocks opened 1.28 percent higher on Friday after Wall Street rallied on hopes that Washington might make progress in breaking its on-going budget impasse.
US stocks Monday moved lower as investors adjusted to a lighter economic calendar following the busy pace of recent weeks that sent markets at record highs.
Stocks ended with a surge Friday after traders decided that a healthy job market mattered more than the Federal Reserve scaling back its economic stimulus.
US stocks Wednesday looked past solid US employment data and opened lower on concerns about Egypt and the Chinese economy.
US stocks Tuesday opened mixed as investors looked ahead to a holiday-shortened week capped with Friday’s big labor market report.
US stocks dived in opening trade Tuesday, following global markets lower after the Bank of Japan kept interest rates and its asset purchase program unchanged.
Wall Street stocks opened lower Wednesday following a global rout as weaker-than-expected data on private jobs creation underscored weakness in the US economy.
World stock markets were muted Tuesday as cheer over the better-than-expected U.S. jobs report faded.
US stocks took their cue from international markets Tuesday and moved higher following news of slowing inflation in China.
US stocks opened lower Tuesday as earnings season was set to begin, with investors cautious after the economy plodded along during the fourth quarter of 2012.
US stocks closed slightly lower Tuesday as Washington continued to wrangle over a budget plan that would avoid the year-end “fiscal cliff.”