Asian shares mixed after Wall St barely misses bear market

Shares are mixed in Asia in cautious trading after Wall Street rumbled to the edge of a bear market on Friday

Shares are mixed in Asia in cautious trading after Wall Street rumbled to the edge of a bear market on Friday.

Tokyo and Sydney were higher Monday while Hong Kong and Shanghai declined.

Investors were awaiting minutes from the latest policy setting meeting of the Federal Reserve and updates on consumer prices, due later this week.

On Friday the S&P 500 dipped more than 20% below its peak set early this year before buying late in the day gave it a tiny gain. It finished 18.7% below its record. That capped a seventh straight losing week, the longest since 2001, when the dot-com bubble was deflating.