TOKYO — Asian shares were trading mixed Tuesday in the absence of key market-driving news in the region, after a seemingly relentless rally continued on Wall Street.

Tokyo trading was closed for a national holiday. Australia's S&P/ASX 200 climbed 0.6% to 8,861.10. South Korea's Kospi added 0.3% to 3,479.23. Hong Kong's Hang Seng slipped 0.8% to 26,125.56, as investors continued to watch ongoing talks about U.S. tariffs. The Shanghai Composite dropped 1.0% to 3,788.66.

On Wall Street, the S&P 500 rose 0.4% after erasing a modest loss from the morning. The Dow Jones Industrial Average added 66 points, or 0.1%, and the Nasdaq composite climbed 0.7%. It was the third straight day where all three indexes set an all-time high.

“Every time the market seems to be running out of momentum, it foo

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