Asian shares are mostly higher after Wall Street’s rally loses steam

Asian shares are mostly higher after Wall Street’s rally loses steam 39 mins ago Asian shares are mixed, with major markets mostly higher despite overnight losses on Wall Street. U.S. futures edged higher while oil prices fell. On Wednesday, U.S. stock indexes drifted lower on as worries revived over the high level of share prices. The S&P 500 slipped 0.3% and the Dow Jones Industrial Average dropped 0.4%. The Nasdaq composite fell 0.3%. All three are still near all time highs set on Monday. Micron Technology fell to give back some of its huge gain for the year even though it reported a better profit than expected. Homebuilders rose following a strong report on sales of new homes.