Asian Stocks End Mixed; Europe Gains

Elsewhere, China's Shanghai fell 1.1% and Australia's market retreated 0.4%. Singapore trimmed gains to be almost flat.

Stocks edged higher Monday on Wall Street after the Institute for Supply Management said its services index rose in June from May, suggesting that recession in the nonmanufacturing parts of the economy was easing.

The Dow Jones Industrial Average rose 44.13, or 0.5%, to 8,324.87, and the broader S&P 500 index rose 2.30, or 0.3%, to 898.72. The technology-heavy Nasdaq composite index fell 9.12, or 0.5%, to 1,787.40.

In oil, crude for August delivery slid 46 cents to $63.57 a barrel, extending a 13% drop in the past week on doubts about the strength of any global economic recovery. On Monday, it fell $2.68 to settle at $64.05.

The dollar, meanwhile, gave up early gains, slipping to 95.03 yen from 95.20. The euro retreated to $1.3923 from $1.3973.