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Stock market today: With US markets closed, Asian shares slip and European shares gain

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Shares are mostly lower in Asia after strong gains in Europe, while U.S. markets were closed for the July 4th holiday.

FILE - A person walks past at an electronic stock board showing financial indexes including Japan's Nikkei 225 index, green, at a securities firm in Tokyo, June 27, 2024. Asian shares were mostly lower on Friday, July 5, after solid gains in Europe overnight, while U.S. markets were closed for the July 4th holiday. – Asian shares were mostly lower on Friday after solid gains in Europe overnight, while U.S. markets were closed for the July 4th holiday.

The jobs report is expected to show that employers added 190,000 jobs — a solid gain, though down from a robust 272,000 in May. Chinese markets were markedly weaker, with Hong Kong's Hang Seng down 1.1% at 17,823.67 and the Shanghai Composite index giving up 0.9% to 2,929.98. The Shanghai benchmark has been trading near its lowest levels since February.

With U.S. markets closed on Thursday, attention was focused on Britain, where the future for the FTSE 100 was up 0.2% early Friday as an exit poll and partial returns indicated Britain’s Labour Party was headed for a landslide victory in a

 

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