Singapore — Asian stocks began the week modestly higher on Monday after Wall Street offered little guidance, while sterling and the euro steadied before the start of talks over the terms of Britain’s exit from the EU. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.2% in early trading. Japan’s Nikkei rose 0.6%. Australian shares and South Korea’s Kospi both jumped 0.5%. "Investors in the Asia-Pacific region face a mixed and modest outlook to begin the trading week," Michael McCarthy, chief market strategist at CMC Markets in Sydney, wrote in a note. "European and US share markets finished with gains for the day and week, but lower commodity prices and a weakening [dollar] may weigh on markets in early trading." On Friday, Wall Street ended mixed, with energy names offsetting declines in consumer stocks, which were clobbered by Amazon.com’s deal to buy upscale grocer Whole Foods Market. The S&P 500 index closed flat, the Dow Jones Industrial Average ended up 0.1% ...
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