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US equities US shares firm despite bad jobs data Early selling of US shares was reversed and major indices closed higher on Friday, as the probability of more monetary easing appeared to override investor fears of a slowing economy. Out of gas US jobless rise points to further Fed rate cut US employers shed jobs in April at their fastest since the last recession. Unemployment jumped to its highest in 2 years, in the strongest evidence yet that the steep slide in the US economy is far from over. Bristol-Myers Squibb put Clairol up for sale last September in order to focus on its core pharmaceutical business. The new economy evangelists who created Razorfish confirmed they had resigned their senior executive positions at the troubled New York internet consultancy.