US Jobs Data Boosts Markets as Dollar Falls

US stocks rose ahead of a key jobs report on Friday, with futures up 0.8% after the government added 151,000 jobs in February, beating expectations. The dollar continued its decline against major currencies, extending losses for the week.

The sell-off in bonds has eased somewhat, but investors remain cautious due to confusion over US President Donald Trump’s tariffs policies. This uncertainty is keeping markets on edge, making it challenging for investors to make informed decisions.

Meanwhile, the euro is heading for its best weekly performance since 2009, driven by a weakening dollar and positive economic data from key European economies.

Source: https://www.reuters.com/markets/global-markets-wrapup-1-2025-03-07