Asian shares mostly decline after AI stocks lead a rebound on Wall Street

TOKYO (AP) — Asian shares were mostly lower in cautious trading Tuesday after artificial-intelligence -related stocks bounced back on Wall Street while other sectors continued to be shaky and oil prices stayed high.Japan's benchmark Nikkei 225 declined 0.6% in early trading to 64,512.35. Australia's S&P/ASX 200 lost 0.8% to 8,772.10. South Korea's Kospi dropped 2.8% to 5,605.31. Hong Kong's Hang Seng fell nearly 1.0% to 23,947.37, while the Shanghai Composite was little changed at 3,732.29.Analysts say investors are also waiting for the upcoming slew of earnings reports from various major companies.On Wall Street, the S&P 500 rose 0.4%, coming off its worst week since June, and the Nasdaq composite rallied 1.1%. The majority of U.S. stocks outside of AI and tech fell, though, and the Dow Jones Industrial Average finished with a 0.1% drop.Nvidia added 1.4% Monday and was one of the strongest forces lifting the S&P 500. Because it’s the largest stock on Wall Street by total market value,