Asian stocks kicked off Friday with a mixed open, as a slump on Wall Street overnight tempered risk appetite. Apart from the closely-watched US nonfarm payrolls report due later in the day, investors are also awaiting the meeting of the Organization of the Petroleum Exporting Countries (OPEC) taking place in Vienna. While markets expect the 12-nation cartel to stand pat on its output levels, traders will be on the lookout for clues on where crude oil prices may be headed.
Overnight, US stocks nursed a weaker finish as volatility in bonds and a lack of resolution on Greece kept investors on edge. The Dow Jones Industrial Average and the S&P 500 shaved off 0.9 percent each, while the tech-heavy Nasdaq closed down 0.8 percent.
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