Stock market today: Asian shares mostly decline, shrugging off Wall Street's overnight rally

Suspect in weekend murder has long criminal history, including previous murder chargeFourth Court of Appeals flips to GOP majority with election of five new justicesCurrency traders watch monitors near a screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Nov. 12, 2024.

FILE - A train arrives at a Wall Street subway station in New York's Financial District on Nov. 5, 2024. Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Nov. 12, 2024.

Hong Kong’s Hang Seng dropped 0.7% to 20,280.34, while the Shanghai Composite was little changed, inching up less than 0.1% to 3,470.83.Tesla was the strongest force pushing upward on the S&P 500 after rising 9.1%. Its leader, Elon Musk, has become a close ally of Trump’s, and its stock jumped nearly 15% the day after the election and has kept rising..

A drop for Nvidia packs a particularly heavy punch because its massive value of nearly $3.6 trillion makes it one of the most influential stocks on the S&P 500 and other indexes.generally and pledged to make his country the crypto capital of the world. Bitcoin hit a record of $87,491, according to CoinDesk.

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Stock market today: Asian shares fall after Wall Street pulls back from its recordsAsian shares outside of China are lower in cautious trading ahead of earnings reports both in the region and overseas, after Wall Street's long, record-breaking rally ran out of steam. Benchmarks fell in Tokyo, Seoul and Sydney, while rising slightly in Hong Kong and Shanghai. The yen weakened against the U.S. dollar and oil prices edged lower.
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