Australia

Australian shares are set to open higher, after US stocks closed mixed amid cooling inflation.

ASX futures were up 0.26% or 22 points as of 8:00am on Monday, suggesting a higher open.

U.S. stocks closed mixed amid cooling U.S. inflation and substantial economic stimulus in China, but are on path to score quarterly gains.

The DJIA rose 0.3% to 42,313, while Nasdaq fell 0.4% to 18,120 and the S&P 500 was down 0.1%, at 5,738. All three were up nearly 1% for the week. In the 3Q so far, DJIA is up 8%, S&P 500 up 5% and Nasdaq up 2%.

In commodity markets, Brent crude oil was up 0.5% to US$71.98 a barrel, while gold was down 0.5% to US$2,658.24.

The Australian dollar was at 69.01 US cents.

Asia

Chinese shares closed higher. The benchmark Shanghai Composite Index added 2.9% to 3,087.53, and the Shenzhen Composite Index jumped 6.1% to 1,737.56.

Hong Kong shares ended higher. The benchmark Hang Seng Index increased 3.6% to 20,632.30.

Japanese shares closed higher. The Nikkei Stock Average gained 2.3% to 39,829.56.

India shares ended lower. The BSE SENSEX lost 0.3% to 85,571.85.

Europe

Stocks in the U.K. finished higher. The FTSE 100 Index gained 0.4% to 8,320.76.

In Europe, shares closed higher. Germany's DAX added 1.2% to 19,473.63, and France's CAC 40 rose 0.6% to 7,791.79.

North America

U.S. stocks ended mixed. The DJIA gained 0.3% to 42,313.00, the S&P 500 fell 0.1% to 5,738.17, and the Nasdaq fell 0.4% to 18,119.59.

Among S&P 500 companies, the top three gainers were Wynn Resorts Ltd, surging 7.24%, Walgreens Boots Alliance Inc jumped 6.34%, and APA Corp lifted 5.94%.

The biggest decliners were Dell Technologies Inc which dropped 4.90%, Globe Life Inc fell 4.72%, and Universal Health Services Inc lost 4.11%.