Global stocks rebound on US jobs report (AP)

By admin on August 7th, 2011

Pedestrians are reflected on the glass of stock indicators in downtown Tokyo on Friday Aug. 5, 2011. Asian stock markets are tumbling amid fears the U.S. may be heading back into recession and Europe's debt crisis is worsening. (AP Photo/Kyodo News) JAPAN OUT, MANDATORY CREDIT, NO LICENSING IN CHINA, FRANCE, HONG KONG, JAPAN AND SOUTH KOREAAP – Stocks rebounded Friday as investors breathed a sigh of relief at the news that the U.S. added more jobs than expected during July, putting a halt to one of the worst selloffs since the height of the 2008 financial crisis.


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