Stock market today: Asian shares mostly higher after winning week on Wall Street

Stock market today: Asian shares mostly higher after winning week on Wall Street

SeattlePI.com

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Asian shares have advanced after Wall Street closed out another winning week. Hong Kong declined but other major markets in the region were higher. U.S. futures edged lower and oil prices also fell. This week investors are expecting the Federal Reserve to raise its key interest rate. They're also watching for the outcome of a major political meeting in China that might bring more measures to prop up faltering growth in the world's second largest economy. On Friday, the S&P 500 eked out a gain of less than 0.1% to cap its eighth winning week in the last 10. The Dow edged up by 2 points, and the Nasdaq fell 0.2%.

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