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U.S. stock indices closed higher Friday after a weaker-than-expected jobs report eased concerns about an October rate hike. The S&P 500 rose 0.7%, the Nasdaq 100 gained 1%, and the Dow Jones Industrial Average advanced 0.5%.
The 2-year US Treasury yield slipped after New York Fed President John Williams said there was 'no urgency' for further action, while major stock indexes eased. US crude fell and the dollar firmed against the yen as investors awaited Wednesday's PCE inflation data.
() -- Hong Kong stocks closed higher Friday as the eagerly awaited U.S. labor data dashed hopes of an imminent rate hike from the Federal Reserve, prompting investors to return to riskier bets. The Hang Seng Index rose by around 295 points, or roughly 1.3%, to end at 23,350.03, while the Hang Seng China Enterprises Ind