Shares of companies such as Boeing Co (BA.N), down 2.9 percent, and Caterpillar Inc (CAT.N), down 2.4 percent, have been under pressure as Trump's protectionist stance on steel and aluminium imports could increase costs and hamper sales overseas.
Broadcom jumped $7.78, or 3.1 percent, to $261.56 while Intel fell $1.09, or 2.1 percent, to $51.11. Sydney's S&P-ASX 200 added 0.7 percent to 6,004.90 and benchmarks in Taiwan, New Zealand and Southeast Asia also rose.
The Dow Jones industrial average gave back 157 points, or 0.6 percent, to 25,178. The nonfarm-payrolls report Friday showed 313,000 jobs were created in February - better than expected - but wage growth came in below expectations.
Friday's gains coming after weak wage growth figures eased investors' concerns that the Federal Reserve might raise interest rates more quickly.
Investors will get a second indication of inflation this week, with an update on consumer prices due Tuesday.
"The big multinational, industrial companies of the world are all taking a hit on the concern that they will be the targets of reprisal sanctions", said Robert Phipps, a director at Per Stirling Capital Management in Austin.
Banks were also lower, but technology stocks rose.
U.S. Retail Sales are expected to make a recovery from last month's disappointing -0.3% performance with a reading of 0.3%. The deal values Oclaro at $9.99 a share, or $1.69 billion, and its stock gained $2.10, or 26.7 percent, to $9.95. Lumentum's shares rose 7.6 percent.
Longtime Dow Chemical Co. leader Andrew Liveris plans to step down next month. Shares of the DowDuPont were down 1.2%. Shares of Biogen were down 2.2% while Pfizer fell 0.4%.
Stocks ended up split on Wall Street as gains for technology companies were offset by losses elsewhere. The company said Jeff Fettig will become its new chairman. Shares of the company were up 0.6%.
Shares of Broadcom Ltd. rose 3.6% after the Singapore-based semiconductor company said it expects to complete its relocation to the United States by 3 April.
Analysts said with the strong jobs increase and soft wages growth, the report "couldn't be more positive" for the market, suggesting the USA central bank probably won't hike interest rates more than three times in 2018.
Oil prices traded lower as Brent crude futures fell 0.61 percent to trade at $65.09 per barrel, while US WTI crude futures declined 0.50 percent to trade at $61.73 a barrel.