Stock market today: Asian shares mostly gain after Trump picks billionaire for Treasury post

Shares are mostly higher in Asia, tracking last week's gains on Wall Street. Analysts said investors were viewing President-elect Donald Trump's choice of billionaire investor Scott Bessent as his nominee for Treasury secretary as a relatively market-friendly choice. Shares in China were lower and bitcoin fell slightly. Oil prices also declined, while U.S. futures advanced. On Friday, the Dow Jones Industrial Average logged a record close after gaining 1% and the S&P 500 rose 0.3%. The Nasdaq composite tacked on 0.2%. This week will bring updates on consumer sentiment in the United States and on U.S. inflation.