MARKET WRAP: JSE weaker, with focus on US jobs market data

The JSE closed weaker on Thursday along with global peers as investors focused on US labour market data for insights on the path of interest rates.

The latest weekly jobless claims data showed 220,000 claims were filed in the week ending December 2. The number is in line with what economists surveyed by Bloomberg had expected and is up just 2,000 from the previous week, largely reflecting limited increases in layoffs, reported Bloomberg…