Stock market today: Asian shares trade mixed after Wall Street closes near record finish

Asian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul Monday. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower. On Friday, Wall Street benchmarks closed near records, with the S&P 500 slipping 0.1% and the Dow slumping 0.8%. The Nasdaq composite rose 0.2% to a new record. The U.S. dollar was trading at 151 Japanese yen levels even as a top Japanese finance official expressed reservations about the recent surge in the dollar.