Asian shares mostly rise and Tokyo hits a record, tracking fresh highs on Wall Street

Asian shares have mostly gained led by a rally in Japan after Wall Street hit more records. U.S. futures edged lower and oil prices gained. Tokyo’s Nikkei rose more than 3% as trading resumed Tuesday after a holiday. Technology-related stocks including Tokyo Electron led the gains. Investors are also closely watching the prospects for an early election to be called by Japan’s prime minister. President Donald Trump's escalating feud with the chair of the Federal Reserve has raised expectations that the central bank may yield to his push for lower interest rates, spurring buying of stocks. On Monday, the S&P 500 and Dow Jones both edged up 0.2% and the Nasdaq composite was up 0.3%.