Stock market today: Asian shares are mostly higher after Wall St powers to more records

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Stock market today: Asian shares are mostly higher after Wall St powers to more records
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BANGKOK (AP) — Asian shares advanced on Tuesday after Wall Street rolled to more records, though markets in China were mostly lower.

BANGKOK — Asian shares advanced on Tuesday after Wall Street rolled to more records, though markets in China were mostly lower.Tokyo's Nikkei 225 index gained 1.3% to 40,125.60, while the Kospi in Seoul gained 0.2% to 2,627.92.Chinese shares extended losses after the government reported late Monday that growth in exports fell sharply in September, adding to signs of weakness in the economy.

Also early Tuesday, the dollar fell to 149.70 Japanese yen from 149.83 yen. The euro slipped to $1.0895 from $1.0911. The gains followed relatively quiet trading in Europe, while the U.S. bond market remained closed for the day because of a holiday. Analysts are looking for S&P 500 companies to deliver overall growth of 4.1% in earnings per share for the latest quarter from a year earlier, according to FactSet. If they’re correct, it would be a fifth straight quarter of growth.have also raised optimism that the Fed can pull off a perfect landing where it gets inflation down to 2% without causing a recession that many had thought would be necessary.

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