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Hong Kong's Hang Seng advanced 0.6 percent to 21,801.59 and the Shanghai Composite Index rose 0.5 percent to 2,672.53. South Korea's Kospi gained 0.4 percent to 1,790.17 and Australia's S&P/ASX 200 climbed 0.6 percent to 4,594.90. Also among the advancers were markets in India, Taiwan, Indonesia and New Zealand. Benchmarks in Malaysia, Vietnam and Thailand fell. Singapore's market was closed for a public holiday. In the U.S. on Friday, the jobs report sent investors out of stocks and the dollar and into assets perceived as being safer. Foreign currencies and gold rose, as did bond prices, which sent interest rates lower. The Dow Jones industrial average closed down 21.42 points, or 0.2 percent, at 10,653.56, having been down as much as 160 points. The Standard & Poor's 500 index fell 4.17, or 0.4 percent, to 1,121.64, while the Nasdaq composite index fell 4.59, or 0.2 percent, to 2,288.47. In currencies the dollar rose to 85.57 yen from 85.01 yen in New York late Friday. The euro rose $1.3287 from $1.3279. Benchmark crude for September delivery was up 56 cents at $81.25 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell $1.31 Friday to settle at $80.70.
[Associated
Press]
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