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| US shares lower on jobs report and rate fears | |
| (3 months later) | |
| (Close): A strong report on the US labour market led to fears amongst investors that a long awaited interest rate raise could come soon, pushing shares to close lower on Friday. | (Close): A strong report on the US labour market led to fears amongst investors that a long awaited interest rate raise could come soon, pushing shares to close lower on Friday. |
| Data for December showed the more than 200,000 jobs for the 11th consecutive month. | Data for December showed the more than 200,000 jobs for the 11th consecutive month. |
| That led investors to fear that the Federal Reserve may begin to raise rates soon. | That led investors to fear that the Federal Reserve may begin to raise rates soon. |
| The Dow Jones fell 60.34 points to finish at 17,824.29. | The Dow Jones fell 60.34 points to finish at 17,824.29. |
| The broader S&P 500 dipped 7.05 points to close at 2,055.47 and the tech-focused Nasdaq lost 20.70 points to end at 4,744.40. | The broader S&P 500 dipped 7.05 points to close at 2,055.47 and the tech-focused Nasdaq lost 20.70 points to end at 4,744.40. |
| The strength of the labour market has prompted some analysts to revise their views on when the Fed might start to raise interest rates. | The strength of the labour market has prompted some analysts to revise their views on when the Fed might start to raise interest rates. |
| "Another employment report like this one for February and the stock market will most likely have to start getting its mind around a rate hike actually happening in mid-2015 after all," said Briefing.com analyst Patrick O'Hare. | "Another employment report like this one for February and the stock market will most likely have to start getting its mind around a rate hike actually happening in mid-2015 after all," said Briefing.com analyst Patrick O'Hare. |
| Tech companies soar | Tech companies soar |
| Twitter shares soared 16% after its results late on Thursday. | Twitter shares soared 16% after its results late on Thursday. |
| It reported a net loss of $125m (£82m) in the fourth-quarter, beating analyst expectations. | It reported a net loss of $125m (£82m) in the fourth-quarter, beating analyst expectations. |
| It also said revenue grew faster than expected, increasing by 95% to $479m during the October to December period. | It also said revenue grew faster than expected, increasing by 95% to $479m during the October to December period. |
| Total monthly active users were 288 million, an increase of 20% from the year earlier. | Total monthly active users were 288 million, an increase of 20% from the year earlier. |
| LinkedIn shares jumped 10.7% after the networking website reported its 15th consecutive quarter of earnings that beat expectations. | LinkedIn shares jumped 10.7% after the networking website reported its 15th consecutive quarter of earnings that beat expectations. |
| Revenue rose by 44% to $632m in the October to December period, significantly higher than had been expected. | Revenue rose by 44% to $632m in the October to December period, significantly higher than had been expected. |