News Summary

The US dollar widened its decline versus major rivals. The greenback sunk versus the yen, after weaker-than-expected US employment data. According to the Labor Department, total non-farm payrolls rose by 39,000 in November. However, economists were expecting a rise of 155,000. The dollar lost about 0.9% against the Japanese yen, while the euro rose about 0.5%. The dollar index (DXY) fell around 0.9%. Shares of Big Lots Inc (NYSE:
BIG
) lost about 4% after the company posted a 42% decline in FQ3 net profit. The company lowered its earnings guidance for the year. The company's profit came in at $0.23 per share, versus $0.37 per share, in the year-earlier period. The company's net sales increased 2% y/y. However, analysts expected earnings of $0.24 per share. Shares of US Airways (NYSE:
LCC
) dropped about 1% after the company reported 7.8% increase in its mainline November traffic. The company's total November capacity increased 3.4% y/y to 5.59 billion available seat miles. The company's November load factor increased to 80.6%, versus 77.3% last year. Read more
from Benzinga's Markets.
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