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Investing.com-- Asian stocks were mixed on Friday as investors turned cautious ahead of key U.S. jobs data that could shape expectations for the Federal Reserve’s interest-rate path, while elevated bond yields and oil prices weighed on risk appetite.
U.S. stocks rose near their record after the latest jobs report cooled worries that a potentially hot U.S. economy could make inflation worse. The S&P 500 climbed 0.7% Friday and
Asian shares traded mixed Friday as a global sell-off in government bonds intensified and investors awaited the release of the latest US jobs report. Oil prices were largely steady