U.S. stock index futures accelerated their losses Friday following a much weaker-than-expected March unemployment report combined with ongoing worries over North Korea.
European shares closed lower on Friday after U.S. jobs data came in well below expectations, raising concerns that the recovery in the world's largest economy is weakening.
A new chapter opened for Tokyo risk assets on Friday as the Nikkei index surged past the 13,000 mark after the Bank of Japan unleashed a monetary onslaught of $1.4 trillion in stimulus, but the rest of Asia's stock markets tumbled to multi-month lows.
U.S. stock index futures erased most of their gains Thursday after jobless claims jumped more than expected, but aggressive moves by the Japanese central bank helped limit losses.
European shares closed sharply lower on Thursday after comments made by the Mario Draghi, president of the European Central Bank (ECB), curbed investor sentiment.
European shares were flat on Friday as talks over the "fiscal cliff" stalled.