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BUSINESSAug 10 · 06:26 UTCWDIV CLICKONDETROITElaine Kurtenbach, Associated Press

Asian shares are mixed after gains on Wall Street, while oil prices climb

Asian shares showed a mix of performance on Monday; Japan's Nikkei 225 rose 2%, but major chipmakers in South Korea saw declines. U.S. stocks advanced, with the S&P 500 topping an all-time high after job reports suggested unexpected cuts and lowered hopes for rate increases by the Federal Reserve. Meanwhile, oil prices climbed amid geopolitical tensions following Israel's rejection of a deal regarding Gaza.

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