Stock market today: Asian stocks log modest gains as economic data are mixed for Japan and China

in first-round legislative elections, while the Japanese yen fell, trading at about 161 yen to the dollar. U.S. futures and oil prices rose.

The Shanghai Composite climbed 0.3% to 2,976.64 after a survey of factory purchasing managers reported over the weekend showed conditions remained in contraction for a second straight month. Treasury yields rose in the bond market after initially losing ground following the latest signal of easing inflation. The yield on the 10-year Treasury, which influences interest rates on mortgages and other consumer loans, rose to 4.38%. The yield on the two-year Treasury, which more closely tracks expectations for Fed actions, rose to 4.74% from 4.72% just prior to the data's release.

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