Oil Price Rise Slows; Asian Shares Trade Mixed
Asian shares traded mixed on Monday after a recent cooldown in oil prices helped U.S. stocks close out their first winning week in three.
The AP reports that oil prices rose, but at a slower pace than expected, which may have contributed to the mixed trading results in Asia.
According to YURI KAGEYAMA, an AP Business Writer, this cooldown was a key factor in U.S. stocks closing out their first winning week in three.