Economists have estimated that the government will report Friday that employers added 160,000 jobs in August and that the unemployment rate slipped back to 4.2%. Since hitting a half-century low of 3.4% in April of last year, the jobless rate has risen nearly a full percentage point.

Wall Street's main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week, with rate-sensitive small cap stocks outperforming.

Gold prices powered higher on Friday, beating record levels, as a boost in bullish momentum fuelled by optimism that the U.S. Federal Reserve is on the brink of trimming interest rates was catalysed by fund inflows and a drop in the dollar.

Inflation is still sticky: car insurance, daycare, rent. Inflation data, however, hasn't justified such a move as yet, and the labor market, which represents the second side of th

Wall Street stocks concluded a positive week with another upbeat session Friday, while European equities also advanced following a European Central Bank interest rate cut.