Stock market today: Asian shares are mixed after gains on Wall Street

HONG KONG — Asian stocks were mixed Tuesday after stocks advanced on Wall Street and yields jumped in the U.S. bond market as

Australia’s S&P/ASX 200 shed 0.4% to 7,718.20. South Korea’s Kospi dropped 0.8% to 2,781.92 despite data from Statistics Korea showing the country’s consumer inflation slowed to an 11-month low in June.Hong Kong's market was higher after a holiday break on Monday. The Hang Seng climbed 0.3% to 17,775.84 and the Shanghai Composite index edged up 0.1% to 2,995.78.On Monday, the S&P 500 rose 0.3% to 5,475.09. The Dow Jones Industrial Average edged up 0.1% to 39,169.

The yield on the 10-year Treasury climbed to 4.46% from 4.39% late Friday and from 4.29% late Thursday. It’s a reversal of the general trend since the spring, when the 10-year Treasury yield had topped 4.70% in late April.last month by more than economists expected. Perhaps even more importantly for Wall Street, the report from the Institute for Supply Management also said price increases are decelerating.

In other dealings, benchmark U.S. crude rose 15 cents to $83.53 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, added 23 cents to $86.83 per barrel.Social Media Reacts To Supreme Court's Trump Immunity Ruling Liz Cheney fires back at Trump after he calls for ‘televised military tribunals’ for former congresswomanNEW YORK — Donald Trump’s lawyers on Monday asked the New York judge who presided over his hush money trial to set aside his conviction and delay his sentencing, scheduled for next week.UNITED NATIONS — Donald Trump has said repeatedly he could settle the war between Russia and Ukraine in one day if he’s elected president again. Russia’s United Nations ambassador says he can’t.

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