Analysts: Positive employment data failed to clarify the outlook for interest rates, unable to support market gains

Asian stocks extended global losses on Friday as much-anticipated US jobs data failed to provide clarity on the outlook for interest rates, and investors began to sell riskier assets even after NVIDIA (NVDA. O) reported positive results. "The market had a lot of positive factors, and NVIDIA's excellent quarterly earnings gave Wall Street a hot start. The US jobs data was also ideal," said Kyle Rodda, senior analyst at Capital.com. "However, the market lacks the momentum to continue to rise. Although the two key risk events (and the results were positive) have passed, it is still not enough to remove the current pessimism hanging over the market." (Jin Ten)