Asia markets open mixed to start holiday-shortened week

Asia markets open mixed to start holiday-shortened week

A general view of market boards at the ASX Exchange Centre in Sydney, Australia.

Ryan Pierse | Getty Images

Asia markets were mixed Monday to start a holiday-shortened week for most markets, while China remains shut for the week.

Many major stock markets in Asia-Pacific were closed Monday including Hong Kong, Taiwan and South Korea.

Japan’s Nikkei 225 opened 0.1% higher, while the broader Topix dipped 0.2% at open.

Japan’s Nikkei 225 breached the 37,000 point mark on an intra-day basis, touching 34-year highs on Friday.

Wall Street ended higher on Friday after December’s revised inflation reading came in lower than first reported. The benchmark S&P 500 closed above the key 5,000 level for the first time ever.

The S&P 500 rose 0.57% to end at 5,026.61, while the Nasdaq Composite rallied 1.25% to close at 15,990.66. The Dow Jones Industrial Average slipped 54.64 points, or 0.14%, to settle at 38,671.69.

— CNBC’s Samantha Subin and Yun Li contributed to this report.

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