Analyst: Positive employment data fails to clarify interest rate outlook and cannot support market rally

Jinse Finance reported that Asian stock markets extended the global decline on Friday, as the much-anticipated U.S. employment data failed to provide clarity on the interest rate outlook. Even after Nvidia (NVDA.O) released impressive earnings, investors began selling off higher-risk assets. Kyle Rodda, Senior Analyst at Capital.com, stated: "There were many positive factors in the market, and Nvidia's outstanding quarterly report once gave Wall Street a strong start. The U.S. employment data was also ideal. However, the market lacks sustained upward momentum. Despite two key risk events—both with positive outcomes—having passed, it is still not enough to dispel the current pessimism hanging over the market." (Golden Ten Data)