US job market weakens in December, fuelling hopes of more stimulus – as it happened

• US economy sheds jobs for first time since April, jobless rate stays at 6.7%
• UK regulator approves Moderna vaccine; UK orders 10m more doses
• Eurozone jobless rate in surprise fall; youth unemployment rises
• Strong German industrial data fuels hopes economy can avoid double dip
• UK house prices rise at slowest monthly rate since June
• Closing summary

2.50pm GMT

Just after Wall Street opened, the main indices hit new all-time highs. The Nasdaq rose more than 100 points to 13,176 while the Dow Jones touched 31,140 and the S&P 500 climbed to 3,824.

Over here, the FTSE 100 index is flat, Germany's Dax is 0.71% higher, France's CAC has gained 0.5% and Italy's FTSE MiB is unchanged.

2.33pm GMT

The S&P 500 and the tech-focused Nasdaq have hit fresh record highs.