Investing.com - APAC markets witnessed a mixed start on Monday, following the S&P 500's record-setting close on Friday. The ASX 200 experienced a slight decrease of 0.3%, while the Nikkei inched up by 0.1%. Meanwhile, the Kospi 200 remained closed in observance of a public holiday.
In the US, the S&P 500 extended record highs for the third consecutive session. The DJIA dipped 54 points to 38671, whereas the S&P 500 and the Nasdaq rose 0.6% to 5026 and 1.3% to 15990 respectively. For the week, the S&P 500 advanced 1.4% and the Nasdaq climbed 2.3%.
In the commodities market, Brent crude oil saw an increase of 0.7% to US$82.19 a barrel, while gold recorded a decrease of 0.5% to US$2,024.26. Australian and US bond markets saw a rise in yields, with the Australian 2 Year government bonds at 3.79% and the 10 Year yield at 4.12%. The US 2 Year yield stood at 4.48% and the 10 Year yield at 4.18%. The Australian dollar traded at 65.22 US cents.
In Asia, Hong Kong's Hang Seng Index fell 0.8% to close at 15746.58, influenced by shipping and health services stocks. The Nikkei Stock Average managed to edge 0.1% higher to close at a new 34-year high of 36897.42. Indian shares closed higher, led by finance and bank stocks.
European shares traded mixed, with the Stoxx Europe 600 remaining largely unchanged, the DAX advancing 0.1%, and the CAC 40 dropping 0.2%. The FTSE 100 index closed Friday down 0.3% to 7572 points, influenced primarily by financial stocks and miners