Asian shares were mixed on Monday, with Hong Kong's Hang Seng index rising 1.4% to 26,135.47 while Australia's S&P/ASX 200 slipped 0.3% to 8,704.70. Markets in mainland China and Japan were closed for Golden Week holidays.

South Korea's Kospi index gained 3.8%, and Taiwan's Taiex index rose 4.2%. U.S. futures rose 0.2%.

The moves followed gains on Wall Street on Friday, where U.S. stocks set more records driven by strong profits from major companies. The S&P 500 rose 0.3% to 7,230.12, closing out a fifth straight winning week. The Nasdaq composite rose 0.9% to a record close of 25,114.44, while the Dow Jones Industrial Average fell 0.3% to 49,499.27.

Earlier in the reporting period, Alphabet's stock rose 10% after reporting profit that almost doubled analysts' expectations. The S&P 500 rallied 1% to close at 7,209.01, its best month in more than five years, while the Dow Jones rose 1.6% to 49,652.14 and the Nasdaq composite rose 0.9% to a record of 24,892.31.

Apple's stock rallied 3.3% after reporting better-than-expected earnings. Exxon Mobil's stock price fell 1% and Chevron's fell 1.4% after both companies reported drops in net income from a year earlier. Over a quarter of the companies in the S&P 500 had reported first-quarter results, and 84% of them topped analysts' estimates. The S&P 500 was on track to deliver roughly 15% profit growth from a year earlier.

Oil prices held steady on Monday. The price of a barrel of U.S. benchmark crude fell 21 cents to $101.74, while Brent crude rose 5 cents to $108.19 a barrel. Brent crude was selling for a little more than $70 per barrel before the Iran war began. In earlier trading, Brent crude's price rose 67 cents to $111.07 per barrel and U.S. benchmark crude rose 10 cents to $105.17 a barrel.

In currency trading on Monday, the dollar rose to 157.18 Japanese yen from 156.80 yen, and the euro fell to $1.1724 from $1.1746. The dollar had bought 157.16 yen, up from 156.61 yen late Thursday, and the euro slipped to $1.1724 from $1.1731. Japanese officials warned they would intervene in the foreign exchange market if the yen fell further, and later intervened in the market after issuing warnings.