Japanese equities are expected to open lower following a sell-off in U.S. technology stocks on Friday, spurred by stronger-than-anticipated U.S. employment data which has heightened prospects for potential interest rate hikes by the Federal Reserve.
Futures for Japan's Nikkei index on the Singapore Exchange were down 3.8% at 64,135 points. Market sentiment may also be weighed down by uncertainty in the Middle East following Iran's launch of multiple waves of missiles toward Israel on Sunday. Investors are closely monitoring developments in the region.
The Nikkei index closed Friday's session down 1.3% at 66,588.12 points.
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