Asian shares are mixed after gains on Wall Street WSOC TV [Video]

HONG KONG — (AP) — Asian stocks were mixed Tuesday after stocks advanced on Wall Street and yields jumped in the U.S. bond market as election-related issues swayed markets worldwide.

U.S. futures fell and oil prices rose. The Japanese yen fell to near a fresh 38-year low, reaching 161.66 yen to the dollar early Tuesday.

Tokyo’s benchmark Nikkei 225 added 1.1% to 40,062.42, as the weaker yen spurred buying of export-oriented shares.

Australia’s S&P/ASX 200 shed 0.4% to 7,719.30. South Korea’s Kospi dropped 0.9% to 2,778.32 despite data from Statistics Korea showing the country’s consumer inflation slowed to an 11-month low in June.

Hong Kong’s market was higher after a holiday break on Monday. The Hang Seng climbed 0.6% to 17,819.50 and the Shanghai Composite index edged was nearly unchanged at 2,995.78.

Elsewhere, Taiwan’s Taiex gained 0.6%, while the SET in Bangkok was 0.6% lower.

On Friday, the S&P 500 rose 0.3% to 5,475.09. The …