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Asian shares mostly lower after mixed trading on Wall Street

AP Business Writer

Asian shares are mostly lower after major indexes ended mixed on Wall Street. Benchmarks fell in Tokyo, Shanghai and Taiwan but rose in Sydney. Markets in South Korea and Hong Kong were closed for holidays. The Bank of Japan kept its ultra-supportive monetary policy unchanged, as expected. Investors are waiting to see the Federal Reserve’s latest assessment of the economy and keeping an eye on troubled Chinese developer Evergrande, which is struggling to meet debt payments. The S&P 500 ended down a bit less than 0.1%, and the Dow Jones Industrial Average fell 0.1%. Gains for some tech companies helped nudge the Nasdaq up 0.2%. Uber jumped 11.5% after raising its outlook. 

The Associated Press

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