05-06-2015 19:14 via news.yahoo.com

U.S. jobs data lifts dollar, yields; Wall St. steady

By Herbert Lash NEW YORK (Reuters) - Expectations of more Greek debt drama drove European stocks lower on Friday as German Bunds posted their worst weekly losses since 1999, while a sharp pick-up in U.S. jobs growth led the dollar to a 13-year high against the yen. Uncertainty over Greece weighed on sentiment in Europe, but a surprisingly strong U.S. labour market report for May pared European equity losses and lifted Treasury yields. Wall Street cut its losses after opening lower.
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