Asian shares were mixed in directionless trading Monday as investors cautiously eyed the summit of European leaders discussing the pandemic crisis, as coronavirus cases soared in the U.S.
Japan's benchmark Nikkei 225 recouped earlier losses to finish less than 0.1% higher at 22,717.48. South Korea's Kospi was little changed, dipping less than 0.1% to 2,199.89. Australia's S&P/ASX 200 fell 0.5% to 6,001.60. Hong Kong's Hang Seng edged 0.1% higher to 25,108.02, while the Shanghai Composite gained 3% to 3,311.52.
Signs that an outbreak of the coronavirus has spread to a second city in northwestern China's Xinjiang, even as authorities close off communities and impose travel restrictions, further darkened the mood. Wall Street closed out its third straight winning week Friday, as hopes grew the economy can continue to steady itself despite a worsening of the pandemic and moves to close bars and some other venues to help curb rising infections.
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