Home Asia Asian stocks mostly higher, some markets closed on May Day
Asian stocks mostly higher, some markets closed on May Day

Asian stocks mostly higher, some markets closed on May Day

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Asian shares were mostly higher Monday despite worries over regional tensions after a North

Korea missile launch failed over the weekend.

People carry flags in front of statues of North Korea founder Kim Il Sung (L) and late leader Kim Jong Il during a military parade marking the 105th birth anniversary Kim Il Sung, in Pyongyang April 15, 2017. REUTERS/Damir Sagolj

Many markets in Asia and Europe were closed for Labor Day. Japan’s benchmark Nikkei 225 gained 0.4 percent in the morning session to 19,274.99. Australia’s S&P/ASX 200 was up nearly 0.1 percent to 5,927.60.

 U.S. stocks closed modestly lower Friday. The Standard & Poor’s 500 index slipped 4.57 points, or 0.2 percent, to 2,384.20. The Dow Jones industrial average fell 40.82 points, or 0.2 percent, to 20,940.51. The Nasdaq composite lost 1.33 points, or 0.02 percent, to 6,047.61.

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