Asian Equities Higher after U.S. Jobs Data

Asian equities tracked gains in global markets on Friday following a better-than-expected U.S. employment report.

U.S. companies added 288,000 jobs in June while the unemployment rate dropped to 6.1 percent, its lowest since September 2008, according to data from the Bureau of Labor Statistics.

The report indicated that expectations for strong second-half growth may be fulfilled, sending the Dow Jones Industrial Average above 17,000 points for the first time and sparking a 1 percent rally for German and French stocks. U.S. markets will be shut on Friday for the July 4 holiday.


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