Asian shares advance and gold declines

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Asian shares advance and gold declines
Chinese New YearStocks And BondsCommodity Markets
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Asian markets are higher ahead of Lunar New Year holidays. Japan’s Nikkei 225 dipped after new data showed weaker-than-expected economic growth in the latest quarter. Hong Kong's stock market traded for half a day, while the markets in mainland China, South Korea and Taiwan were closed. U.S. markets are also closed Monday for a holiday.

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Here's who is most at risk and symptoms to watch forCrece el impulso por un diagnóstico de autismo profundo ante necesidades de por vidaOne Tech Tip: Take your iPhone security to the extreme with Lockdown ModeWhy ordering takeout or calling the dog walker might lead to a happier relationshipEuropeos rechazan afirmaciones de EEUU sobre que enfrentan un"borrado de civilización" Now he wants Georgia voters to send him to WashingtonInside the widening Olympic curling controversy and allegations of cheatingPowered by women, ‘Wuthering Heights’ digs up $34.8 million at the box office for a No. 1 debutRaccoon goes on drunken rampage in Virginia liquor store and passes out on bathroom floorMonkeys are on the loose in St. Louis and AI is complicating efforts to capture themWhether it's a mini-sabbatical or an adult gap year, more people are taking extended work breaksDemocrats are becoming a force in traditionally conservative The VillagesStates reliant on Colorado River fail to meet the latest deadline to find consensusColorectal cancer is rising in younger adults. Here's who is most at risk and symptoms to watch forCrece el impulso por un diagnóstico de autismo profundo ante necesidades de por vidaOne Tech Tip: Take your iPhone security to the extreme with Lockdown ModeWhy ordering takeout or calling the dog walker might lead to a happier relationshipEuropeos rechazan afirmaciones de EEUU sobre que enfrentan un"borrado de civilización"Trader Fred Demarco, right, works on the floor of the New York Stock Exchange, Friday, Feb. 13, 2026, in New York. A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Feb. 16, 2026, in Tokyo. A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Feb. 16, 2026, in Tokyo. A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Feb. 16, 2026, in Tokyo. A person stands in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Feb. 16, 2026, in Tokyo. Trader Fred Demarco, right, works on the floor of the New York Stock Exchange, Friday, Feb. 13, 2026, in New York. Trader Fred Demarco, right, works on the floor of the New York Stock Exchange, Friday, Feb. 13, 2026, in New York. A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Feb. 16, 2026, in Tokyo. A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Feb. 16, 2026, in Tokyo. A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Feb. 16, 2026, in Tokyo. A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Feb. 16, 2026, in Tokyo. A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Feb. 16, 2026, in Tokyo. A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Feb. 16, 2026, in Tokyo. A person stands in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Feb. 16, 2026, in Tokyo. A person stands in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Feb. 16, 2026, in Tokyo. HONG KONG — Asia shares traded higher Monday and gold declined, as several stock markets were closed or trading for a half-day ahead of Lunar New Year celebrations.The sluggish rate of growth increases the likelihood that Japanese Prime Minister Sanae Takaichi will press ahead with plans to revive the economy by raising government spending and cutting taxes, Marcel Thieliant, head of Asia Pacific at Capital Economics, wrote in a note. Trading was thin as stock markets in China, South Korea and Taiwan were closed. The first day of the Lunar New Year this year falls on Tuesday.In Australia, the S&P/ASX 200 picked up 0.3% to 8,940.60. India’s Sensex was up 0.2%. U.S. futures edged higher. The future for the S&P 500 rose 0.2%, while that for the Dow Jones Industrial Average was also up nearly 0.2%. U.S. stock markets are also closed on Presidents Day, a holiday. On Friday, U.S. stocks calmed after a sharp drop earlier driven by worries about artificial intelligence disruptions across various industries which particularly hit software companies hard.The S&P 500 edged up less than 0.1% to 6,836.17. The Dow Jones Industrial Average added 0.1% to 49,500.93. The Nasdaq composite edged down 0.2% to 22,546.67. Computer chip maker Nvidia, the heaviest weight company on the S&P 500, was down 2.2% Friday. Technology company AppLovin rose 6.4% afterIn other dealings early Monday, gold and silver prices fell. The price of gold was down 1.1% to $4,994.60 per ounce — falling from the $5,000 mark — and the price of silver fell 3.8% to $75.04 an ounce.U.S. benchmark crude oil gained 5 cents to $62.94 per barrel, while Brent crude, the international standard, rose 5 cents to $67.80 per barrel. The U.S. dollar was at 153.08 Japanese yen, up from 152.64 yen. The euro was trading at $1.1867, down from $1.1872.Chan covers China business, economy and finance for The Associated Press, reporting on key sectors from technology to trade. He is based in Hong Kong.

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