Asian markets are mostly higher, and Japan and South Korea set new records after Wall Street wobbled in reaction to stronger-than-expected U.S. jobs data. U.S. futures edged higher. Tokyo’s Nikkei topped 58,000 early Thursday after a holiday, as Japan's stocks resumed their rally following Prime Minister Sanae Takaichi’s big election win. On Wednesday, the S&P 500 was flat after flipping between gains and losses. The Dow Jones Industrial Average fell 0.1%, and the Nasdaq composite dropped 0.2%. Treasury yields were higher in the bond market. U.S. employers added 130,000 jobs last month, according to a Labor Department report, better than economists’ estimates. That sapped hopes the Fed might cut interest rates soon.
