Asian shares trading mixed as optimism wears off on US rally

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TOKYO (AP) — Asian shares are mixed, as initial euphoria about the gains that closed out last week on Wall Street quickly fade. Benchmarks in Tokyo, Seoul and Shanghai rose in early trading, while indexes fell in Sydney and Hong Kong. Worries about the coronavirus pandemic remain strong in the region, in contrast to the U.S. and parts of Europe, where life is increasingly returning to something resembling normalcy, although the vaccine rollout is gradually picking up steam in Asia. Stocks ended with solid gains on Wall Street on Friday after a lukewarm report on the job market raised hopes the Federal Reserve will keep supporting the economy. 

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