Stock market today: World markets are mixed and Japan's Nikkei tops 40,000, on eve of China congress
World stocks are mixed ahead of China’s top annual political gathering, while Japan’s benchmark closed above 40,000 for the first time. European stocks fell in morning trading. U.S. futures declined and oil prices rose. Japan’s Nikkei 225 share index closed above 40,000 for the first time after a big rally on Wall Street last week pushed U.S. stocks to new heights. Shares in Japan have tracked gains in other markets driven by expectations for strong demand for technology associated with artificial intelligence. On Friday, the S&P 500 rose 0.8% and the Dow Jones Industrial Average gained 0.2%. Technology stocks led the market, and the Nasdaq composite jumped 1.1% to 16,274.94, setting another record.