Asian shares were mixed Monday as Western nations moved to tighten sanctions against Russia and President Vladimir Putin escalated tensions by ordering...
TOKYO — Asian shares were mixed Monday as Western nations moved to tighten sanctions against Russia and President Vladimir Putin escalated tensions by ordering Russian nuclear forces put on high alert.
Japan’s benchmark Nikkei 225 NIK retreated 0.4% in morning trading. Australia’s S&P/ASX 200 XJO rose 0.4% and South Korea’s Kospi 180721 edged up 0.2%. Hong Kong’s Hang Seng HSI slipped 0.7%. while the Shanghai Composite SHCOMP lost 0.1%. Stocks fell in Singapore STI . Japan has joined the West in slapping sanctions on Russia, joining the international effort to block some Russian banks from the global SWIFT payment system. Prime Minister Fumio Kishida has also said Japan plans to freeze Putin’s assets.
On Wall Street, the S&P 500 SPX ended last week by climbing 2.2% and notching its first weekly gain in three weeks, adding 95.95 points to 4,384.65. The Dow Jones Industrial Average DJIA rose 834.92 points, or 2.5%, to 34,058.75. The Nasdaq composite COMP gained 221.04 points, or 1.6%, to 13,694.62 after swinging between modest gains and losses.
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