Morning Bid: Jobs glow, crude pops, dollar lifts – Reuters

Morning Bid: Jobs glow, crude pops, dollar lifts – Reuters

A look at the day ahead in U.S. and global markets from Mike Dolan

World markets retained a warm afterglow from Friday's shining U.S. employment reading, with only minor gains in crude oil prices on Saudi Arabia's output cut clouding the picture.

A forecast-busting May payrolls gain, coupled with signs of cooling wage growth, provided investors with a "soft landing" economic narrative that complemented relief over last week's government debt ceiling resolution.