Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted

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Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
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Asian shares are mostly higher in thin trading with many markets closed for holidays.

FILE - A person stands in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo, on Sept. 11, 2023. Asian shares were mostly higher in thin trading Monday, Oct. 2, 2023 with many markets closed for holidays. – Asian shares were mostly higher in thin trading Monday with many markets closed for holidays.Oil prices gained and U.S. futures were higher as the threat of a U.S.

In Tokyo, the Nikkei 225 index was up 0.7% at 32,098.40. Australia's S&P/ASX 200 lost 0.2% to 7,037.90. Taiwan's Taiex gained 1.2%, while the SET in Bangkok edged 0.1% lower. Treasurys are seen as some of the safest investments possible, and when they pay higher yields, investors are less likely to pay high prices for stocks and other riskier investments. That’s a big reason why the S&P 500 dropped 4.9% in September to drag what had been a big gain for the year down to 11.7%

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