Shares were mixed in Asia on Monday while U.S. futures fell ahead of the July 4 holiday in the U.S.
Benchmarks rose in Tokyo, Shanghai and Sydney but fell in Hong Kong and Seoul. Oil prices were steady after surging on Friday.
“This is a tall order that is far from guaranteed at this point," it said, noting that markets will be looking to comments in minutes from the last Federal Reserve policy meeting, expected Wednesday. Annual inflation in the eurozone’s 19 countries hit 8.6% in June, surging past the 8.1% recorded in May, according to the latest numbers published Friday by the European Union statistics agency, Eurostat. Inflation is at its highest level since recordkeeping for the euro began in 1997.
On Friday, the S&P 500 rose 1.1%, recovering from early losses to close at 3,825.33. The gain snapped a four-day losing streak for the benchmark index, which still posted its fourth losing week in the last five.
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