Investing.com - Asian stocks fell Monday, reacting to weak U.S. jobs data unveiled on Friday, with Australian and Hong Kong markets closed on holiday.
During Asian trading on Monday, Japan’s Nikkei 225 Index was down 1.12%.
On Friday, the U.S. Bureau of Labor Statistics rattled markets when it reported that the economy added 120,000 jobs in March, far less than expected.
The news sparked an equities selloff in Japan on sentiment that the U.S., a key export market, will demand less goods and services from Japan.
Reports that North Korea plans to test-launch a long-range missile fueled selling, as investors ran to the safety of the yen.
European stock futures, meanwhile, indicated a lower opening.
France's CAC 40 futures pointed to a loss of 1.44%, while Germany's DAX 30 futures signaled a loss of 1.61%. Meanwhile, in the U.K., the FTSE 100 futures indicated a loss of 0.94%.
Dow Jones Industrial Average futures were down 0.94% while the S&P 500 futures were down 1.09%.
Markets will look ahead to Tuesday for a weather vane, when Federal Reserve Chairman Ben Bernanke is due to speak at the Federal Reserve Bank of Atlanta Financial Markets Conference.
During Asian trading on Monday, Japan’s Nikkei 225 Index was down 1.12%.
On Friday, the U.S. Bureau of Labor Statistics rattled markets when it reported that the economy added 120,000 jobs in March, far less than expected.
The news sparked an equities selloff in Japan on sentiment that the U.S., a key export market, will demand less goods and services from Japan.
Reports that North Korea plans to test-launch a long-range missile fueled selling, as investors ran to the safety of the yen.
European stock futures, meanwhile, indicated a lower opening.
France's CAC 40 futures pointed to a loss of 1.44%, while Germany's DAX 30 futures signaled a loss of 1.61%. Meanwhile, in the U.K., the FTSE 100 futures indicated a loss of 0.94%.
Dow Jones Industrial Average futures were down 0.94% while the S&P 500 futures were down 1.09%.
Markets will look ahead to Tuesday for a weather vane, when Federal Reserve Chairman Ben Bernanke is due to speak at the Federal Reserve Bank of Atlanta Financial Markets Conference.