Global Stocks

European stocks swung higher Friday with added lift from an upbeat U.S. jobs report that helped financial shares advance after their tough week.

In Frankfurt, the DAX 30 DAX, +2.24% pushed up 2.2% to 9,629.66 and France's CAC 40 PX1, +1.77% rose 1.8% to 4,190.68.

U.S. stocks soared on Friday, sending the S&P 500 above its all-time closing high set on May 21, 2015. The gains on Wall Street were fueled by a surprisingly strong jobs report, showing 287,000 jobs created in June. The S&P 500 SPX, +1.53% was up 32 points, or 1.6% at 2,131. The Dow Jones Industrial Average DJIA, +1.40% jumped 267 points, or 1.5%, to 18,163. The Nasdaq Composite COMP, +1.64% advanced 81 points, or 1.7% to 4.957.

Asian share markets enjoyed a relief rally on Monday as upbeat U.S. jobs data lessened immediate concerns about the health of the world's largest economy, while the long-run fallout from Brexit kept sovereign yields near record lows.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS jumped 1.9 percent to a one-month top. Australia added 1.8 percent and Shanghai .SSEC 1 percent.

Japan's Nikkei .N225 climbed 3.5 percent, its biggest daily gain in three months, following a clear win by the government in upper house elections.

Prime Minister Shinzo Abe's ruling coalition won a landslide victory giving it the power to potentially revise the nation's post-war pacifist constitution for the first time.

"Abe's victory boosted confidence in investor sentiment, and winning a two-thirds majority sends foreign investors a message that Abe's policies will see a progress," said Hikaru Sato, a senior technical analyst at Daiwa Securities.