Stock market today: Asian markets mixed, with most closed for holidays, after S&P 500 tops 5,000

Stock market today: Asian markets mixed, with most closed for holidays, after S&P 500 tops 5,000

SeattlePI.com

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Asian shares are mixed with most regional markets closed for holidays. Australia's benchmark rose and India's Sensex edged lower. U.S. futures also were lower and oil prices declined. On Friday, the S&P 500 rose 0.6% to close above the 5,000 level for the first time. Big Tech stocks helped lead the way Friday, and Nvidia, Microsoft and Amazon provided three of the strongest pushes higher. That helped the Nasdaq composite jump 1.2%. The Dow Jones Industrial Average pulled back 0.1%. This week will bring an important update from the United States on consumer inflation expectations. Japan is due Thursday to announce its GDP growth for the last quarter of 2023.

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