US futures and Asian shares are mixed while
oil prices decline as some exporters opt to raise output 1 of 5 | A member of media looks at the screen showing the
Korea Composite Stock Price Index (KOSPI) at a dealing room of
Hana Bank in
Seoul,
South Korea, Monday, June 29, 2026. (AP Photo/
Lee Jin-man) 2 of 5 | Currency traders work near a screen showing the
Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between
U.S. dollar and
South Korean won at the foreign exchange dealing room of the
Hana Bank headquarters in
Seoul,
South Korea, Monday, July 6, 2026. (AP Photo/Ahn Young-joon) 3 of 5 | Currency traders watch monitors near a screen showing the
Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the
Hana Bank headquarters in
Seoul,
South Korea, Monday, July 6, 2026. (AP Photo/Ahn Young-joon) 4 of 5 | Currency traders pass by a screen showing the
Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between
U.S. dollar and
South Korean won at the foreign exchange dealing room of the
Hana Bank headquarters in
Seoul,
South Korea, Monday, July 6, 2026. (AP Photo/Ahn Young-joon) 5 of 5 | A man walks past a monitor showing stock prices of companies on the
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Tokyo Stock Exchange in
Tokyo, Tuesday, June 23, 2026. (AP Photo/Hiro Komae) 1 of 5 | A member of media looks at the screen showing the
Korea Composite Stock Price Index (KOSPI) at a dealing room of
Hana Bank in
Seoul,
South Korea, Monday, June 29, 2026. (AP Photo/
Lee Jin-man) 1 of 5 A member of media looks at the screen showing the
Korea Composite Stock Price Index (KOSPI) at a dealing room of
Hana Bank in
Seoul,
South Korea, Monday, June 29, 2026. (AP Photo/
Lee Jin-man) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share 2 of 5 | Currency traders work near a screen showing the
Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between
U.S. dollar and
South Korean won at the foreign exchange dealing room of the
Hana Bank headquarters in
Seoul,
South Korea, Monday, July 6, 2026. (AP Photo/Ahn Young-joon) 2 of 5 Currency traders work near a screen showing the
Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between
U.S. dollar and
South Korean won at the foreign exchange dealing room of the
Hana Bank headquarters in
Seoul,
South Korea, Monday, July 6, 2026. (AP Photo/Ahn Young-joon) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share 3 of 5 | Currency traders watch monitors near a screen showing the
Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the
Hana Bank headquarters in
Seoul,
South Korea, Monday, July 6, 2026. (AP Photo/Ahn Young-joon) 3 of 5 Currency traders watch monitors near a screen showing the
Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the
Hana Bank headquarters in
Seoul,
South Korea, Monday, July 6, 2026. (AP Photo/Ahn Young-joon) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share 4 of 5 | Currency traders pass by a screen showing the
Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between
U.S. dollar and
South Korean won at the foreign exchange dealing room of the
Hana Bank headquarters in
Seoul,
South Korea, Monday, July 6, 2026. (AP Photo/Ahn Young-joon) 4 of 5 Currency traders pass by a screen showing the
Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between
U.S. dollar and
South Korean won at the foreign exchange dealing room of the
Hana Bank headquarters in
Seoul,
South Korea, Monday, July 6, 2026. (AP Photo/Ahn Young-joon) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share 5 of 5 | A man walks past a monitor showing stock prices of companies on the
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Tokyo Stock Exchange in
Tokyo, Tuesday, June 23, 2026. (AP Photo/Hiro Komae) 5 of 5 A man walks past a monitor showing stock prices of companies on the
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Tokyo (AP) — Asian shares and U.S. futures were mixed on Monday following a long weekend on Wall Street, while selling of technology shares pulled benchmarks in
Tokyo and
Seoul lower.
oil prices slipped after OPEC+ announced Sunday that seven of its members plan to expand oil production by a combined total of 188,000 barrels per day in August. It was the fifth consecutive month OPEC+ members have agreed to raise output. The countries increasing their output are Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman.Uncertainty over supplies persists as talks with Iran aimed at fully reopening the Strait of Hormuz appear to be on hold during funeral ceremonies for Ayatollah Ali Khamenei, which will continue for several days. In energy trading early Monday, Brent crude, the international standard, lost 25 cents to $71.87 a barrel. U.S. benchmark crude lost 10 cents to $68.59 a barrel.
Japan’s Nikkei 225 lost 0.4% to 69,468.17. Tech giant SoftBank Group Corp. declined 3.4%, while computer chipmaker
Tokyo Electron shed 1.4%.
South Korea’s Kospi dipped 0.8% to 8,027.12In Hong Kong, the Hang Seng gained 0.8% to 23,542.97, while the Shanghai Composite index edged 0.1% higher to 4,046.71. 2 MIN READ 4 MIN READ 1 MIN READ Australia’s S&P/ASX 200 inched down 0.1% to 8,833.20. In currency treading, the
U.S. dollar rose to 161.92 Japanese yen from 161.34 yen. A year ago, the dollar was trading at 140 yen levels. The euro cost $1.1432, down from $1.1440.Markets in the U.S. were closed on Friday, July 3, for the Independence Day holiday. This year, July 4th fell on a Saturday. ___Yuri Kageyama is on Threads: https://www.threads.com/@yurikageyama