World stocks soar after U.S. jobs report

World stocks soar after U.S. jobs report

A strong U.S. jobs report last week helped world stocks surge to a two-week high Monday, according to a Reuters article. 

Reuters reported that European and Asian shares shot up across the board in response to Friday’s report, which showed that the U.S. has added 313,000 non-farm payroll jobs in February. The report also revealed that annual growth in average hourly earnings had slowed to 2.6 percent.

“This suggested that the world’s largest economy is experiencing a high growth without a corresponding spike in inflation,” according to the Reuters article.

Read the full report here. 

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