JAKARTA: Asian stock markets were broadly lower on Monday, with the exemption of Hong Kong, taking signals from a worst end on Wall Street previous week after December’s non-farm payrolls statement gave a mixed outlook of the economy.
U.S. stocks closed lower on Friday, pulling benchmarks back into the red for the year, as the December jobs report topped expectations but hourly earnings declined. Figures from the Labor Department showed the U.S. economy added 252,000 to payrolls last month, after generating an unexpectedly strong 353,000 jobs in November. The unemployment rate, meanwhile, dropped to 5.6 percent.
The Dow Jones Industrial Average ended down 1 percent, while the S&P 500 shed 0.8 percent. The tech-heavy Nasdaq declined 0.9 percent.
shanghai shares start week with losses 25 june 2018
Hong Kong, (UrduPoint / Pakistan Point News - 25th Jun, 2018 ) :Hong Kong and mainland Chinese stocks fell on...