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Stock market today: Asian shares are mixed after US holiday quiet

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TOKYO (AP) — Shares were mixed in Asia on Tuesday after U.S. markets were closed for the Memorial Day holiday. Oil prices and U.S. futures were higher.

TOKYO — Shares were mixed in Asia on Tuesday after U.S. markets were closed for the Memorial Day holiday. Oil prices and U.S. futures were higher.

Early Tuesday, Tokyo's Nikkei 225 fell 0.3% to 38,795.07 and the Kospi in Seoul inched 0.1% higher, to 2,726.82.The Shanghai Composite index edged 0.1% higher to 3,126.76. Hong Kong's Hang Seng added 0.8% to 18,982.31. The meetings Monday led by Chinese President Xi Jinping “noted that preventing and defusing financial risks is a major challenge that must be overcome in order to achieve high-quality development, as it concerns national security, overall development and the safety of the people’s property," the official Xinhua News Agency reported.

In other trading Tuesday, U.S. benchmark crude oil gained $1.03 to $78.75 per barrel in electronic trading on the New York Mercantile Exchange.In currency dealings, the U.S. dollar slipped to 156.75 Japanese yen from 156.89 yen.Warren Buffett, one of the world's richest men, has a vast portfolio that includes many of today's biggest companies. Through his experience, he has accumulated various assets and company ownership...

 

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