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World shares mostly advance and Japan falls ahead of Lunar New Year holidays

On Monday, world shares mostly rose while Japanese stocks dipped as markets in parts of Asia were closed or on half-day ahead of the first day of the Lunar New Year on Tuesday.
Policy signals from Tokyo and Washington showed Japan's economy grew 0.2% in October-December, raising pressure on Prime Minister Sanae Takaichi, and U.S. inflation data offered more room for a Fed rate cut.
Regional indexes in Asia and Australia recorded modest gains as Hong Kong's Hang Seng rose 0.5% to 26705.94 and the S&P/ASX 200 gained 0.2% to 8937.10, while the S&P 500 edged up less than 0.1% to 6836.17.
Market flows shifted as U.S. markets were closed or on half-day for Presidents Day, with the dollar rising to 153.33 yen and oil slipping to $62.55 for U.S. crude, while the euro traded at $1.1867.
Investor attention remained on AI-driven risks as Friday's selloff calmed and precious metals fell, with gold at $5,030.30 and silver at $77.05 per ounce.

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