Scoreboard: Mixed feelings

A solid lead from the US sharemarket will support industrial stocks, but the resources sector will come under pressure on the back of weaker mining and energy prices.

In US economic data, non-farm payrolls (employment) rose by 142,000 in August, short of forecasts tipping a 226,000 gain. But the unemployment rate fell from 6.2 per cent to 6.1 per cent as the participation rate fell from 62.9 per cent to 62.8 per cent. Average earnings rose by 0.2 per cent but average hours worked were unchanged.


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