Stock market today: Asian shares mostly decline after mixed Wall Street finish

Stock market today: Asian shares mostly decline after mixed Wall Street finish

SeattlePI.com

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Asian shares are mostly lower after a mixed finish on Wall Street, although export-related Tokyo stocks got a boost from a strengthening dollar. Benchmarks rose in Tokyo and Mumbai, but fell in Sydney, Seoul, Hong Kong and Shanghai. The yen has weakened amid speculation that the Bank of Japan might go slowly on changing its lax policy stance as it assesses the impact of Monday's major earthquake in central Japan. Wall Street drifted to a mixed close following signals that the job market remains solid, though maybe a touch too strong. The S&P 500 slipped 0.3%, the Dow Jones Industrial Average ended basically flat, and the Nasdaq composite fell 0.6%. U.S. Treasury yields rose.

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