Stocks, oil surge after U.S. jobs data

World stocks and oil prices extended gains and government bonds tumbled on Friday after closely-watched data showed the U.S. economy lost a fewer-than-expected 345,000 jobs in May. U.S. May non-farm payrolls fell

U.S. May payrolls fall 345,000

U.S. employers cut 345,000 jobs last month, the fewest since September and far less than forecast, according to a government report on Friday that was more evidence the economy's severe weakness was