Asian shares mixed after broad rally on Wall Street

By ELAINE KURTENBACH
AP Business Writer

Shares are trading mixed in Asia after a broad rally on Wall Street as investors keep an eye on the spread of the novel coronavirus variant and the measures governments are taking to curb it. it. Hong Kong fell more than 1% while Tokyo fell. Shanghai and Seoul are higher while Sydney is almost unchanged. On Thursday, the S&P 500 rose 1.4% and the Dow Jones Industrial Average rose 1.8%. Nasdaq rose 0.8%. Shares of small companies outperformed the rest of the market. Crude oil prices rose after OPEC stuck to its plan to increase output through steady, modest monthly gains.