The cityscape of Shanghai seen from the observation deck of Shanghai Tower, China.
Shen Qilai | Shen Qilai Bloomberg | Getty Images
Asia-Pacific markets rose on Monday after Wall Street rose from last week after U.S. jobs data showed a decline in the unemployment rate and a resilient labor market.
Investors are keeping an eye on oil prices in Iran as protests that have left more than 500 people dead enter their third week, according to a US-based rights group. President Donald Trump is reportedly considering options for intervention in Iran, according to multiple reports on Sunday.
brent crude oil futures Although the course reversed and fell to $63.05 per barrel, West Texas Intermediate As of 10am Singapore time (9pm ET on Sunday), crude oil prices were down 0.49% to $58.83 per barrel.
Spot gold prices rose more than 1.6% to a record high of $4,581.29 an ounce.
gold spot price
Australia’s S&P/ASX 200 rose 0.38%.
South Korea’s Kospi rose 1.11%, and the small-cap Kosdaq rose 0.96%. Hyundai Globis shares rose as much as 8% after analysts raised their price target for the South Korean logistics company.
Robot maker Boston Dynamics, which is 80% owned by Hyundai Globis, announced last Monday that it would partner with Google DeepMind to integrate AI into humanoid robots.
hong kong Hang Seng Index Mainland China’s CSI 300 opened just below the flatline.
Japanese markets were closed for the holiday. Hirofumi Yoshimura, Prime Minister Sanae Takaichi’s coalition partner, said on Sunday that an early general election could be called. His comments came after domestic media reported that Takaichi was considering a snap general election in February, citing government sources.
The Japanese yen fell sharply on Monday, hitting a one-year low of 158.19 yen against the dollar.
US stock futures prices were flat at the beginning of Asian trading amid a flurry of major economic indicators and earnings announcements throughout the week.
Friday in the U.S. S&P500 The stock closed 0.65% higher at 6,966.28, setting a new closing price record. It also hit a new intraday high in this session.
of Nasdaq Composite It rose 0.81% to 23,671.35. of Dow Jones Industrial Average He added 237.96 points (0.48%) to finish at 49,504.07, also breaking the final record.
—CNBC’s Sean Conlon and Pia Singh contributed to this report.
Correction: This article has been updated to accurately reflect Brent crude oil futures prices.
