Asian benchmarks are mixed in cautious trading ahead of US holiday and jobs report

TOKYO (AP) — Asian shares were mixed in cautious trading Monday ahead of the Labor Day holiday in the U.S., when stock exchanges will be closed.

Investors were also looking ahead to the U.S. employment report set for release Friday for an indication of the strength of the American economy.

Japan’s Nikkei 225 gained 0.1% to finish at 38,700.87, after the Finance Ministry reported capital spending by Japanese companies in the April-June quarter increased 7.4% from the previous year.