On U.S. nonfarm payrolls, Trump said a strong country means lower interest rates.

Multiple South Korean outlets citing government and military sources reported Thursday night that Seoul is preparing to deploy forces to support freedom of navigation in the Strait of Hormuz and aims to dispatch related units by year‑end, pending National Assembly approval. Reported options under consideration include maritime patrol aircraft, logistics support vessels and mine countermeasure units; Seoul has reportedly discussed force composition and participation with the US, UK and France. The South Korean presidential office said discussions on ways to support navigation have been ongoing but that reports claiming a deployment plan has been finalized are inaccurate.

CNBC reports Microsoft (MSFT.O) will impose time limits on Xbox cloud gaming subscription sessions as costs rise.