Global shares are trading mixed as Chinese benchmarks skidded and Tokyo stayed closed for the New Year’s holiday

European shares have fallen after a mixed trading session in Asia. U.S. futures rose while oil prices retreated. Japan’s market was closed Friday for the New Year holiday. Hong Kong

Asian shares are mixed after stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note.

Asian shares are mostly lower as Chinese benchmarks skidded and Tokyo stayed closed for the New Year’s holiday. U.S. futures advanced and oil prices also gained. Investors remain cautious over what U.

Economic data on tap appeared thin on Friday, while investors in Asia will continue to assess the political uncertainty in South Korea.

The S&P 500 may be heading for its first gain since Christmas. The main gauge of Wall Street’s health rose 0.5% in early trading Friday and was on track to break a five-day losing streak. The Dow Jones Industrial Average was up 216 points,

Wall Street stocks bounced higher at the start of trading on Friday, but European stock markets retreated as traders booked profits from a positive start to 2025. Wall Street ended lower Thursday on the first US trading day of 2025 despite having started the day higher.