Investing.com - Share markets across the Asian Pacific opened in mixed territory on Monday, with major US indices holding at record highs last week as major companies including NVIDIA Corporation (NASDAQ:NVDA) reported strong earnings results.
By 11:50 am AEDT (12:50 am GMT) S&P/ASX 200 ticked 0.1% higher, the KOSPI 200 lost 0.9% and the Nikkei 225 added 0.4%.
U.S. stock indexes ended the week with minimal changes, despite Nvidia's shares reaching an all-time high, falling short of a $2 trillion market cap. The Dow Jones Industrial Average and the S&P 500 both set new all-time highs, while the Nasdaq Composite fell slightly. Brent crude oil prices dropped 2.5% to US$81.62 a barrel, while gold rose 0.5% to US$2,035.40. The Australian dollar stood at 65.62 US cents.
Chinese shares witnessed an uptick, with the Shanghai Composite Index ending 0.6% higher. Major stocks like Chongqing Changan Automobile and Anhui Jianghuai Automobile Group saw gains, while China Telecom and China Mobile declined. In Japan, the Nikkei Stock Average ended 2.2% higher, with chip-related stocks leading the gains. Indian shares closed flat, with IT stocks lagging while auto stocks saw gains. The pan-European Stoxx Europe 600 index rose 0.5% to a record high, with Germany's DAX and France's CAC 40 also hitting new all-time highs.
In Europe, the Stoxx Europe 600 index rose 0.5% to another record high, driven by gains in U.S. stocks following Nvidia's impressive earnings. Germany's DAX and France's CAC 40 also reached new all-time highs. The FTSE 100 index in the UK closed Friday up 0.3% at 7706 points, boosted by banks following Standard Chartered (LON:STAN)'s earnings, despite a fall in oil-exposed stocks and miners.