Asian shares outside of China are lower in cautious trading ahead of earnings reports both in the region and overseas, after Wall Street's long, record-breaking rally ran out of steam

U.S. stocks are drifting around their all-time highs Monday. The S&P 500 was virtually unchanged in morning trading, coming off its sixth straight winning week, its longest such streak of the year. The Dow Jones Industrial Average was edging back by 106 points,

U.S. stocks drifted to a mixed close after erasing most of their losses from earlier in the day. The S&P 500 slipped a bit less than 0.1% Tuesday, marking its first back-to-back loss in a month and a half.