Developments
on Wall Street, positive or negative, affect stock markets all around
the world. Asian markets are not different and they are also affected by
any turbulence on Wall Street. Last week's negative close on Wall
Street reverberated on Asian stock markets which saw their stock fall.
The Wall Street was earlier affected by the non-farm payroll report for
December- a mixed bag of results.
US
stock markets closed Friday in the red even as December job market
numbers showed an upward trend. On the other hand, hourly wages have
seen a decline. The US economy which is slowly growing managed to add
252,000 jobs in December, against 353,000 jobs
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