Stock market today: Asian shares edge lower after Wall Street sets more records

News Snapshot:

HONG KONG (AP) — Asian markets were mostly lower in cautious trading on Wednesday after U.S. stocks hit new record highs. U.S. futures and oil prices slipped. Tokyo’s Nikkei 225 fell 0.9% to 38,617.10 after Japan reported that its trade deficit rose last month as rising costs for imports outpaced an 8% rise in exports from the year before. The data were weaker than analysts had forecast. Hong Kong’s Hang Seng index lost 0.1% to 19,201.83, while the Shanghai Composite index was nearly unchanged at 3,159.16. In South Korea, the Kospi was virtually unchanged at 2,723.46. Australia’s S&P/ASX 200 edged...