LONDON >> Global stocks and the dollar rose on Friday after a strong U.S. jobs report eased concerns over the world’s largest economy at a time of heightened global uncertainty.

KEEPING SCORE

Britain’s FTSE 100 gained 1.1 percent to 6,198.22 while France’s CAC 40 rose 1.3 percent to 4,475.10. Germany’s DAX was up 1.4 percent at 9,890.39. U.S. futures picked up after the jobs data, with Dow and S&P futures both up 0.4 percent.

U.S. JOBS

The U.S. job market proved resilient in February, when employers added a net 242,000 workers and the unemployment rate held steady at 4.9 percent. The increase in jobs was above expectations for 195,000 and suggests the U.S. economy is not losing much momentum despite turbulence in stock markets and a slowdown among global trading partners like China. While the strength could increase the chance of another interest rate increase by the Federal Reserve in coming months, investors seem to be focused on the improvement in the economy.

ASIA’S DAY

Earlier, Japan’s Nikkei 225 index closed 0.3 percent higher at 17,014.78 while Hong Kong’s Hang Seng added 1.2 percent to 20,176.70 and Australia’s S&P/ASX 200 rose 0.2 percent, closing at 5.090.00 South Korea’s Kospi edged 0.1 percent lower to 1,955.63. The Shanghai Composite index climbed 0.5 percent to 2,874.15, while shares in Southeast Asia were mixed.

CHINA OUTLOOK

China’s leaders are expected to trim their growth target during the annual session of the National People’s Congress, seeking more flexibility for structural reforms for the slowing, state-dominated economy. The growth target due to be announced on Saturday is expected to be a range of 6.5 to 7 percent, down from 2015’s goal of about 7 percent.

OIL

The price of U.S. crude oil rose 34 cents to $34.72 a barrel in electronic trading on the New York Mercantile Exchange. It fell 9 cents on Thursday. Brent crude, the benchmark for international oils, rose 53 cents to $37.60 a barrel.

CURRENCIES

The euro dropped to $1.0940 from $1.0946 the day before while the dollar climbed to 113.79 yen from 113.62 yen.