Asian shares mixed after tech-led rally on Wall Street

By ELAINE KURTENBACH
AP Business Writer

BANGKOK (AP) — Stocks are mixed in Asia after a rally on Wall Street led by technology stocks. Share benchmarks rose in Tokyo, Hong Kong and Sydney but fell in Shanghai. On Tuesday, the S&P 500 rose 1.6% and the Dow Jones Industrial Average rose 1.5%. The tech-heavy Nasdaq shook off an early loss and added 2.2%. Treasury yields continued their climb, which allows banks to charge higher interest rates on loans. The yield on the 10-year Treasury note rose to 2.94%. The dollar remained at a 20-year high against the Japanese yen, reflecting a divergence between interest rates in the U.S. and in Japan, where the central bank has kept its key rate at minus 0.1%.