Shares fell Friday in Asia after U.S. markets were closed to observe a National Day of Mourning for former President Jimmy Carter. U.S. futures were lower and oil prices advanced. Regional markets saw a broad decline that analysts said reflects weakening confidence about the chances of further interest rate cuts by the Federal

In Asia, South Korea’s Kospi added 0.6% to 2,418.80. But shares of Jeju Air Co. lost 8.8% after one of the company’s jets skidded off a runway, slammed into a concrete fence and burst into flames Sunday in South Korea as its landing gear failed to deploy. 179 people died in the crash.

Global shares are trading mixed as Chinese benchmarks skidded and Tokyo stayed closed for the New Year’s holiday

European benchmarks are declining, while Asia derived some optimism from rising technology stocks on Wall Street. Benchmarks fell in early Tuesday trading in France, Germany and Britain. U.S. futures

Asian stocks are mostly lower after U.S. stock indexes finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected