Driver rams into Prince George's County fire truck on Route 50

This is CNBC s live blog covering Asia-Pacific markets Asia-Pacific markets traded mixed Monday as investors assessed U S President Donald Trump s postponement of tariffs on European Union imports Japan s benchmark Nikkei increased while the broader Topix index added In South Korea the Kospi index advanced while the small-cap Kosdaq gained Mainland China s CSI index declined by while Hong Kong s Hang Seng Index fell India s benchmark Nifty moved up in early deal while the BSE Sensex rose Over in Australia the benchmark S P ASX was flat U S futures ticked up in early Asia bargain U S markets will be closed on Monday for Memorial Day All three key benchmarks on Wall Street declined in last Friday s session The broad-based S P shed to end the session at while the Nasdaq Composite dropped and settled at The Dow Jones Industrial Average lost points or to close at CNBC s John Melloy and Lisa Kailai Han contributed to this overview South Korean shares surge over South Korean stocks rallied Monday amid mixed trading in Asia after U S President Donald Trump delayed his threat to impose tariffs on the European Union by more than a month As of a m local time the Kospi index had advanced The index has gained since the start of the year Meanwhile the small-cap Kosdaq index was last seen trading higher it has risen since the start of the year Gains were broad-based across sectors with strong moves seen in Hyundai-Rotem which surged and Hyundai Engineering Construction which advanced Among the index heavyweights Samsung Electronics was last seen up while SK Hynix moved up Shares of battery maker LG Strength Solutions rose while Samsung SDI gained Amala Balakrishner Asian currencies rally as the dollar weakens on fears of ballooning U S debt Asia-Pacific currencies rallied Monday as the greenback extended declines with U S President Donald Trump s tax bill threatening to pile on debt The U S dollar index had declined to as at a m Singapore time its weakest level since December The Australian dollar appreciated by against the greenback to after briefly hitting its highest level since last December earlier in the session The South Korean won gained against the dollar to as several analysts expect the currency to strengthen alongside its business negotiations with the U S and easing political uncertainties Meanwhile the Japanese yen strengthened against the dollar to while the offshore Chinese yuan strengthened marginally by to Elsewhere in Southeast Asia the Singapore dollar strengthened against the greenback to after hitting an eight-month high earlier in the session The Thai baht had also hit an eight-month high and was last seen stronger at against the dollar Amala Balakrishner Nippon Steel shares gain over after Trump offers aid for its billion U S Steel bid Shares of Nippon Steel gained as much as in early pact on Monday on the back of U S President Donald Trump s backing for the company s billion bid to acquire U S Steel The world s fourth-largest steelmaker was briefly the top performer on Japan s Nikkei index The rally in Nippon Steel s shares comes as Trump noted that its planned partnership with U S Steel will create at least jobs and add billion to the U S Economic system Trump s comments which were posted on Truth Social last Friday sent U S Steel shares up by as investors interpreted his views as a nod of approval on the long-planned takeover Amala Balakrishner Shares of Australia s WiseTech surges over on billion purchase of E Open Shares of Australian logistics solution company WiseTech Global surged as much as Monday following its announcement to acquire U S cloud computing firm E Open for billion WiseTech will pay per share for E open a premium to Friday s closing price in New York the company communicated on Monday The deal which will be fully funded through a new billion debt facility underwritten by a syndicate of nine lenders including Deutsche Bank and HSBC is in line with WiseTech s move to expand its global product and customer base The company which is known for its CargoWise platform will gain around additional customers is expected to increase WiseTech s earnings-per-share in the first year it added The acquisition comes just two months after Australia s largest pension fund AustralianSuper sold around million Australian dollars million worth of WiseTech stocks over corporate governance concerns Amala Balakrishner