US jobs news sees stocks bounce back

Stocks have rebounded as investors breathed a sigh of relief at the news that the US added more jobs than expected during July, putting a halt to one of the worst sell-offs since the height of the 2008 financial crisis.

The monthly US jobs data were keenly awaited after Thursday's rout, when stocks suffered one of their worst days since the collapse of US investment bank Lehman Brothers in 2008.