Stock market today: Asian stocks lower after Wall Street holds steady near record highs

Asian markets are mostly lower as Wall Street benchmarks remain near their record levels. U.S. futures and oil prices fell. Hong Kong shares sank after the territory's financial chief announced a budget aimed at boosting tourism and the property industry. China’s largest private property developer, Country Garden, was facing a liquidation petition after it failed to repay a term loan facility worth $204.5 million. On Tuesday, the S&P 500 rose 0.2% and the Dow Jones Industrial Average fell 0.2%. The Nasdaq composite rose 0.4%. Macy's climbed after unveiling a restructuring plan, and Norwegian Cruise Line steamed higher on hopes for a stronger 2024.