After a week of turbulence on global stock markets, a something-for-everyone US jobs report appears to have calmed investor nerves.

Wall Street’s main stock indices enjoyed middling increases of about 0.5% in morning trading.

The FTSE 100 has gained more than 1% as traders approach the end of the London trading day – although that may have been boosted by a move lower in sterling. The pound had lost 0.4% against the euro and the US dollar at the time of writing.