Global Shares Mixed Monday             07/06 04:48

   European shares advanced Monday after a retreat in Asian markets and U.S. 
futures climbed ahead of Wall Street's reopening following the Independence Day 
holiday.

   TOKYO (AP) -- European shares advanced Monday after a retreat in Asian 
markets and U.S. futures climbed ahead of Wall Street's reopening following the 
Independence Day holiday.

   Oil prices slipped after OPEC+ announced Sunday that seven of its members 
plan to expand oil production by a combined total of 188,000 barrels per day in 
August. It was the fifth straight month that OPEC+ members have agreed to raise 
output.

   The countries increasing their output are Saudi Arabia, Russia, Iraq, 
Kuwait, Kazakhstan, Algeria and Oman.

   Uncertainty over supplies persists as talks with Iran aimed at fully 
reopening the Strait of Hormuz appear to be on hold during funeral ceremonies 
for Ayatollah Ali Khamenei, which will continue for several days.

   Brent crude, the international standard, lost 40 cents to $71.72 a barrel. 
U.S. benchmark crude fell 29 cents to $68.40 a barrel.

   In early European share trading, France's CAC 40 rose 0.3% to 8,529.96, 
while the DAX in Germany edged 0.1% higher to 25,805.02. Britain's FTSE 100 was 
unchanged at 10,678.07.

   The future for the S&P 500 gained 0.5%, while that for the Dow Jones 
Industrial Average was up 0.1%.

   In Asian trading, Japan's Nikkei 225 was virtually unchanged at 69,737.69. 
Tech giant SoftBank Group Corp. declined 3.1%, while computer chipmaker Tokyo 
Electron shed 1.2%.

   South Korea's Kospi dipped 0.5% to 8,051.33.

   In Hong Kong, the Hang Seng gained 1.1% to 23,616.32. The Shanghai Composite 
index inched down less than 0.1% to 4,041.24.

   Australia's S&P/ASX 200 fell 0.2% to 8,831.00.

   In currency trading, the U.S. dollar rose to 162.29 Japanese yen from 161.32 
yen, resuming its climb despite rumors that authorities might intervene to stem 
the yen's decline. A year ago, the dollar was trading at 140 yen levels.

   The euro cost $1.1419, down from $1.1437.

   Markets in the U.S. were closed on Friday, July 3, for the Independence Day 
holiday. This year, July 4th fell on a Saturday.

   This week will bring updates on U.S. housing, inflation and unemployment.