- Liverpool face Chelsea title test, Ten Hag fights to avoid sack
- Dodgers roll while Guardians fry Yankees in MLB playoff thriller
- Top Texas court stays execution of autistic man in 'shaken baby' case
- China posts slowest growth in over a year as property woes drag
- Asian markets swing as China economic growth slows
- Pogba's shadow looms over Juve as revitalised Lazio come to town
- 'Unbelievable' Raphinha leading Barca into tricky triple-header
- In-form Marmoush and Frankfurt hope to tackle history at wounded Leverkusen
- Britain's Lammy in China to 'challenge' Beijing on Russia support
- Manila's car counters help address 'world's worst traffic'
- British racing attendances falling behind, says Qatar Racing's manager
- Rain forces cancellation of opening practice for Australian MotoGP
- Dupont 'beyond surprise' for Toulouse's Kinghorn
- Drought forces Big Tech to rethink thirsty LatAm data centers
- Countries under pressure to fork out for nature at UN conference
- Biden, allies in Berlin to renew Gaza truce call after Hamas leader killed
- Guardians rally to fry Yankees in 10 innings in MLB playoff thriller
- World Bank president focused on job creation ahead of annual meetings
- World Bank chief says lender's climate goals likely safe under Trump
- Japan's core inflation rate slows in September
- Israel PM says killing of Hamas chief 'beginning of the end' of Gaza war
- King Charles set to arrive in Australia for landmark tour
- Nadal defeated by 'animal' Alcaraz in Saudi Arabia as career nears end
- US Supreme Court denies stay of execution to Texas man in 'shaken baby' case
- US charges Indian agent over alleged plot to kill Sikh separatist
- Musk stumps for Trump in key US swing state
- TikTok, Facebook approve ads with US election disinformation, study says
- Purdy and 49ers face Chiefs in Super Bowl rematch
- Kenya deputy president ousted in historic impeachment
- Israel military says Sinwar killed in firefight while tracked by drone
- One Direction members 'devastated' by Liam Payne's death
- Norris shrugs off Red Bull 'trick' of the trade at US Grand Prix
- Global stocks climb as ECB cuts rates and tech rebounds
- Chelsea, Lyon ease to wins in Women's Champions League
- China expected to post slowing growth as economic woes drag
- Yamasaki brings keirin world title home as Japan takes two track golds
- Netflix adds millions of subscribers but growth slows
- 'Deeply misguided' to wall US off with tariffs: Yellen
- Biden farewell visit to Berlin focused on Ukraine, Mideast wars
- EU leaders urge new laws to speed up migrant returns
- Sinwar killing a blow to Hamas but impact on war uncertain
- Mitzi Gaynor, star of 'South Pacific,' dies aged 93
- Trump says Zelensky 'should never have let' Ukraine war start
- Harris woos undecided voters as Trump riles critics over Ukraine
- Hayes turns focus to US women's World Cup goal
- Zelensky seeks EU, NATO backing for 'victory plan'
- Bosch stuns Australia as South Africa reach Women's T20 World Cup final
- What we know about One Direction star Liam Payne's death
- Nicotine pouches rise in popularity as US youth tobacco use hits 25-year-low
- Mendis clinches Sri Lanka series win over West Indies
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US shares flat on strong job growth, euro closes in on dollar parity
Global stock markets finished mostly higher Friday, though Wall Street was flat following a surprisingly strong jobs report, while the euro was near parity with the dollar as traders bet on the prospect of a eurozone recession caused by soaring inflation.
The yen initially strengthened against the dollar following the assassination of Japan's former prime minister, Shinzo Abe, before falling back.
Major US indices see-sawed throughout the day but still notched solid gains for the week, with investors weighing optimism that the US economy can withstand higher borrowing costs against fears the Fed will do too much to choke off growth and cause a downturn.
American employers added 372,000 new positions in the month, the Labor Department reported, far more than economists expected, while wage growth slowed slightly.
The resilient US labor market gives the Federal Reserve more of a free hand to raise interest rates sharply to combat soaring inflation, although some investors still fear policymakers could do too much, choking off growth and causing a downturn.
Gregori Volokhine of Meeschaert Financial Services said the hope is the US economy avoids the "worst-case scenario," where the economy slows but inflation stays high and the Fed continues to hike rates.
The jobs report was "not necessarily ideal but it offers comfort about the economy and gives the impression that the Fed will not do too much damage too quickly," Volokhine said.
Fed officials have signaled they are still on target for another aggressive 75 basis point interest rate increase later this month, matching the move in June -- the biggest since 1994 -- but they will reassess later in the year.
- Dollar parity? -
The euro on Friday slumped to $1.0072, a fresh 20-year low, before recovering back above $1.018.
"The depreciation in the euro to its lowest level in almost two decades against the dollar this week in large part reflects investors' view that the ECB will tighten less aggressively than the Fed," said Jessica Hinds, senior Europe economist at Capital Economics.
Meanwhile, world oil prices rose following the US jobs report, comforted about the health of the world's top economy and demand for oil.
Asian stock markets closed higher, boosted by hopes that US President Joe Biden would remove some tariffs from Chinese goods, and amid reports Beijing was considering a huge stimulus push to aid the struggling Chinese economy.
- Political upheaval -
Markets are also tracking political unrest in Britain and Japan.
London's benchmark FTSE 100 index edged 0.1 percent higher -- and the pound was mixed -- one day after Prime Minister Boris Johnson said he was stepping down later this year following a string of scandals.
In Japan, Abe was assassinated by a gunman who opened fire at close range as the hugely influential politician delivered a campaign speech ahead of upper house elections.
The murder of the 67-year-old, who had been Japan's longest-serving leader, stunned the nation and prompted an international outpouring of grief and condemnation.
The killing "could be negative for markets if the government's policy, including its stance on monetary easing, is affected, as it was evident that he was pulling the strings behind the scenes in many ways," said Masahiro Yamaguchi at SMBC Trust Bank.
"If it becomes possible for (current Prime Minister Fumio) Kishida to carry out policies he wanted to, such as financial tax and regulations on share buy-back, that would be negative for markets."
- Key figures at around 2100 GMT -
New York - Dow: UP 1.1 percent at 31,384.55 (close)
New York - S&P 500: UP 1.5 percent at 3,902.62 (close)
New York - Nasdaq: UP 2.3 percent at 11,621.35 (close)
Euro/dollar: UP at 1.0183 from $1.0162 on Thursday
Pound/dollar: UP at 1.2034 from $1.2024
Euro/pound: UP at 84.59 pence from 84.49 pence
Dollar/yen: UP at 136.10 yen from 136.01 yen
EURO STOXX 50: UP 0.5 percent at 3,505.40 (close)
London - FTSE 100: UP 0.1 percent at 7,196.24 (close)
Frankfurt - DAX: UP 1.3 percent at 13,105.23 (close)
Paris - CAC 40: UP 0.4 percent at 6,033.13 (close)
Tokyo - Nikkei 225: UP 0.1 percent at 26,517.19 (close)
Hong Kong - Hang Seng Index: UP 0.4 percent at 21,725.78 (close)
Shanghai - Composite: DOWN 0.4 percent at 3,356.08 (close)
Brent North Sea crude: UP 2.4 percent at $107.12 per barrel
West Texas Intermediate: UP 2.0 percent at $104.78 per barrel
J.Fankhauser--BTB