Asian stocks are mixed after Wall Street's best week of the year
Asian stocks were mixed Monday as investors ponder the upcoming meeting of the Federal Reserve, following Wall Street's best week since November with a slight uptick in U.S. stocks Friday. U.S. futures were higher while oil prices dropped. Japan’s benchmark index ended 1.8% lower at 37,388.62 after data showed the core machinery orders, which are used as a leading indicator of capital spending in the coming six to nine months, fell 1.7% year on year in June.