TOKYO (AP) — Asian shares fell across the board Tuesday, taking their cue from a broad decline on Wall Street that reversed some of the big gains notched last week on hopes for interest rate cuts from the Federal Reserve.

Japan's benchmark Nikkei 225 dove 1.1% in morning trading to 42,342.28. Australia's S&P/ASX 200 declined 0.3% to 8,949.40.

South Korea's Kospi lost 0.8% to 3,184.70 after data showed improved consumer sentiment, strengthening expectations that the central bank won't move on interest rates. Hong Kong's Hang Seng shed 0.2% to 25,766.68, while the Shanghai Composite slipped 0.1% to 3,878.24.

On Wall Street, the S&P 500 fell 0.4% Monday, but remains near its all-time high. The Dow Jones Industrial Average closed 0.8% lower after setting a record high on Friday. The Nasdaq

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