Investing.com - Asian shares were mixed on Tuesday with a Bank of Japan board meeting affirming current policy coming after the morning Nikkei session and markets in Hong Kong and Shanghai up.
The Nikkei 225 index fell 1.13%, while the Hang Seng rose 0.89% and the Shanghai Composite gained 1.34%.
In Japan, tech-related stocks fell with Yahoo Japan Corp. (4689.TOK) down off 2.3% and Softbank Corp. (9984.TOK) down 3.3%.
In China banks rose the second straight session on expectations that regulators may issue preferred stock issuance rules. Industrial Bank rose 4.3% and China Minsheng Banking (1988.HK) gained 2.8%.
Overnight, U.S. stocks fell further as investors continued to ditch technology shares on sentiments prices rose too high over the past year''s bull market.
The Dow 30 ended the session down 1.02%, the S&P 500 fell 1.08%, while the Nasdaq fell 1.16%.
Investors continued to ditch technology stocks for a third consecutive session and jumped to the sidelines to await first-quarter earnings, which brought down broader stock indices.
Weak employment figures released on Friday bruised stocks as well.
The Department of Labor reported Friday that the U.S. economy added 192,000 jobs in March, missing expectations for a 200,000 increase. February''s figure was revised up to 197,000 from 175,000, while January''s figure rose to 144,000 from 129,000.
Still, some tech stocks closed in positive territory after bottom fishers jumped in and snapped up nicely priced shares late in the trading session.
After the close of European trade, the DJ Euro Stoxx 50 fell 1.34%, France''s CAC 40 fell 1.08%, while Germany''s DAX fell 1.91%. Meanwhile, in the U.K. the FTSE 100 fell 1.09%.