Japanese shares slipped after the yen strengthened. Japan's Nikkei 225 was down 1.2%, while China's Shanghai Composite is in the red.
Asian markets are trading on a mixed note after U.S. non-farm payrolls showed the slowest job growth in more than five years, quashing expectations for a near-term U.S. interest rate hike.
Japanese shares slipped after the yen strengthened. Japan's Nikkei 225 was down 1.2%, while China's Shanghai Composite is in the red. South Korea’s Kospi index is at 1,985.84 points (up 0.04%) and Indonesia’s Jakarta Composite is at 4,880.91 points (up 0.55%).
Taiwan’s Taiex at 8,577.87 points (down 0.16%), Singapore’s Straits Times at 2,824.82 points (up 0.55%), Hong Kong’s Hang Seng at 20,908.04 points (down 0.19%), Thailand’s SET Composite at 1,444.69 points (up 0.57%) and Singapore Nifty at 8,246.50 points (up 0.12%).
U.S. stocks retreated on Friday after economic data indicated that the U.S. economy may not be as robust as thought, dampening expectations of a Federal Reserve interest-rate hike in June. The S&P 500 fell 6 points, or 0.3%, to close at 2,099 to finish the week flat, while Dow Jones dropped 31 points, or 0.2%, to end at 17,807. The Nasdaq Comp shed 29 points, or 0.6%, to close at 4,942.
Asian markets are trading on a mixed note after U.S. non-farm payrolls showed the slowest job growth in more than five years, quashing expectations for a near-term U.S. interest rate hike.Japanese shares slipped after the yen strengthened. Japan's Nikkei 225 was down 1.2%, while China's Shanghai Composite is in the red. South Korea’s Kospi index is at 1,985.84 points (up 0.04%) and Indonesia’s Jakarta Composite is at 4,880.91 points (up 0.55%).
Taiwan’s Taiex at 8,577.87 points (down 0.16%), Singapore’s Straits Times at 2,824.82 points (up 0.55%), Hong Kong’s Hang Seng at 20,908.04 points (down 0.19%), Thailand’s SET Composite at 1,444.69 points (up 0.57%) and Singapore Nifty at 8,246.50 points (up 0.12%).
U.S. stocks retreated on Friday after economic data indicated that the U.S. economy may not be as robust as thought, dampening expectations of a Federal Reserve interest-rate hike in June. The S&P 500 fell 6 points, or 0.3%, to close at 2,099 to finish the week flat, while Dow Jones dropped 31 points, or 0.2%, to end at 17,807. The Nasdaq Comp shed 29 points, or 0.6%, to close at 4,942.
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