SINGAPORE — Asian shares on Wednesday followed in the footsteps of Wall Street, which pulled back overnight on disappointing earnings, while the dollar inched down from a seven-month high and oil prices extended this week’s losses. MSCI’s broadest index of Asia-Pacific shares outside Japan slid 0.6%. Japan’s Nikkei slipped 0.2%, while South Korea’s Kospi dropped 1.3% and Australia fell 1.6%. China’s Shanghai Composite index pulled back 0.2%, while Hong Kong’s Hang Seng lost 0.6%. The declines were "mainly due to the soft lead from Wall Street", said Shane Oliver, head of investment strategy at AMP Capital in Sydney. "Investors remain nervous given the US election, [Federal Reserve] meetings, China property market etc." US stocks ended Tuesday down between 0.3% and 0.5%, as results and forecasts from companies in sectors including housing and consumer products missed expectations. Apple also dragged the market lower, as iPhone sales, which were better than expected, nevertheless cont...
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