KEEPING SCORE: Japan's benchmark Nikkei 225 added 1.5 percent to 17,638.31 in early trading but Australia's S&P/ASX 200 slipped 0.8 percent to 5,126.01. South Korea's Kospi dropped 0.4 percent to 1,975.82. Hong Kong's Hang Seng lost 1.5 percent to 22,186.78, while the Shanghai Composite rose 0.2 percent to 3,201.58.
TRUMP FACTOR: Donald Trump's victory over Hillary Clinton has set off a rally on Wall Street, as jitters gave way to hopes. Investors are now betting that Trump and a Republican-controlled Congress will boost infrastructure spending, cut taxes and relax regulations that affect energy, finance and other businesses.
JAPAN HOPES: Data for Japan's gross domestic product showed the economy had grown faster than expected in the July-September quarter, rising 2.2 percent in annualized terms, on the back of healthy exports. The dollar being sought as a safe haven after the U.S. election is also good news for Japan Inc.'s giant exporters.
WALL STREET: The Dow lost 0.2 percent on Friday to 18,847.66. The S&P 500 index edged 0.1 percent lower to 2,164.45. The Nasdaq composite index gained 0.5 percent to 5,237.11. THE QUOTE: "Global risk assets unexpectedly rebounded on Donald Trump's victory in the US presidential election last week, along with a fast sell off in safe-haven assets including gold and the Japanese yen," says Margaret Yang Yan, a market analyst at CMC Markets in Singapore. "No more surprises before Christmas, please."
ENERGY: Benchmark U.S. crude fell 14 cents to $43.27 a barrel in New York. It fell $1.25 on Friday to 43.41. Brent crude, used to price international oils, lost 3 cents to $44.72 a barrel in London. CURRENCIES: The dollar rose to 107.42 yen from 106.67 yen late Friday in Asia. The euro slid to $1.0787 from $1.0886.
AP Business Writer Alex Veiga contributed to this report.
Follow Yuri Kageyama on Twitter at https://twitter.com/yurikageyama
Her work can be found at http://bigstory.ap.org/content/yuri-kageyama
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