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Asian shares and US futures are mixed, while oil prices creep higher

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Global markets showed mixed performance as Asian shares and US futures traded unevenly following the US Labor Day holiday. Oil prices experienced an uptick due to escalating Middle Eastern tensions, while specific Asian economies demonstrated positive economic indicators.
  • South Korea's Kospi index saw notable gains, bolstered by consistent investment in computer chip manufacturers.
  • China reported a significant 25% year-on-year increase in exports for August, primarily fueled by robust demand for automobiles and advanced technology products.
  • Japan's economic growth for the April-June quarter was revised upwards to a slightly faster annual pace of 1.4%.
  • In prior trading on Friday, the S&P 500 declined by 0.4%, the Dow Jones Industrial Average fell by 0.5%, and the Nasdaq composite decreased by 0.3%.
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