Stock market today: Asian shares are mixed, with China stocks down, after Wall St retreat
Asian shares are trading mixed, as investor sentiment in Tokyo was boosted by news in the U.S. about soaring Nvidia earnings. Benchmarks rose in Tokyo and Seoul, but fell in Australia and China. On Wednesday, U.S. stock indexes pulled back from their records as concerns about high interest rates weighed on the market. The S&P 500 fell 0.3%, and the Nasdaq composite slipped 0.2% Wednesday, a day after both set all-time highs. The Dow Jones Industrial Average lost 0.5%. Benchmarks sank after minutes from the U.S. Federal Reserve’s latest meeting suggested it may take longer than hoped for to get inflation fully under control.