Japan's Nikkei 225 dropped by just over 7 per cent in the period, with five consecutive days of losses. Meanwhile, the unemployment rate held at a more than seven-year low of 5.0 percent in December, matching expectations. EUROPE: Stocks in Europe were mixed. Gap rose $1.17, or 4.6 percent, to $26.46. Declining issues outnumbered advancing ones on the NYSE by 2,704 to 415, for a 6.52-to-1 ratio on the downside; on the Nasdaq , 2,492 issues fell and 390 advanced for a 6.39-to-1 ratio ...
Investors also cheered as China stopped allowing its currency to lose value. Chinese stock markets were in full disarray Thursday, halting trading within just 30 minutes of opening as prices slumped 7% and triggered the "circuit breaker".
Friday's solid jobs report could make it more likely that the Federal Reserve will further raise rates after announcing its first increase in almost a decade last month. "The U.S. economy is heading into 2016 with domestic and global forces pulling in different directions", according to the written assessment of HSBC Securities.
The main US benchmark, the Standard & Poor's 500 index, has now had its worst four-day start of a year in history. Crude oil also plummeted to the lowest level in more than 12 years. The Stoxx Europe 600 fell 1.5% on Friday after initial modest gains, ending the week off 6.7%, its largest one-week percentage decline since 2011.
In the meantime, Louks said that owners of the BlackBerry Priv should expect to hear some announcements on new accessories for the handset from third-party makers in the coming weeks. The full switch to Android does make sense, especially if you consider the diminishing appeal and support for the Blackberry OS platform. However, reports indicate the company is now ready to offer Priv through all the major carriers in the U.S.
Steep losses across global stock markets this week on fears about further slowing in the world's second-biggest economy have clouded investors' outlook on the greenback and on whether the Federal Reserve has room to raise USA interest rates further, if at all, in 2016, analysts said .