Asian Stocks Finish Mixed as Friday's Weak U.S. Jobs Data Weighs on Sentiment
Asian markets closed mixed on Monday, as a sluggish U.S. jobs report on Friday pulled down sentiment. The Shanghai Composite was shut for the Ching Ming Festival, while the Hang Seng and Australian Stock Exchange closed for Easter Monday.
The U.S. Bureau of Labor Statistics report showed hiring rose by just 126,000 in March, below the 245,000 forecast. This came on the heels of data that showed the pace of US manufacturing growth in March eased to its slowest in nearly two years.
The Nikkei fell by 0.2%, with exporters hardest hit.
Australia ASX All Ordinaries Closed
Shanghai SE Composite Index Closed
Hang Seng Closed
Nikkei 225 -37.10 -0.19% 19,397.98
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
Latest Markets Videos
- Stimulus Update: MIllions Will Get a Stimulus Check in June. Are You One of Them?
- Social Security Checks Could Soar in 2023: Here's How Much Extra Seniors Might Receive
- Better Buy: Dogecoin vs. Terra Classic vs. Terra (LUNA)?
- Bitcoin Uses 50 Times Less Energy Than Traditional Banking, New Study Shows