Stock market today: Asian markets are mixed after Wall Street edges back from its record

Stock market today: Asian markets are mixed after Wall Street edges back from its record

SeattlePI.com

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Shares are mixed in Asia after U.S. stocks edged back from their all-time high, with many regional markets closed for lunar new year holidays. Chinese shares shed early gains after a survey of manufacturers showed export orders dropping to a five-month low. Oil prices fell and U.S. futures sank. On Friday, the S&P 500 fell 0.3% after setting a record the day before. The Dow Jones Industrial Average dropped 0.3%, and the Nasdaq composite fell 0.5%. Worries about profitability at Texas Instruments hurt stocks across the semiconductor industry. Treasury yields eased a bit following some worse-than-expected reports on the economy.

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