Asian shares were mixed in a narrow range on Wednesday, after overnight gains following conciliatory comments on trade by Chinese President Xi Jinping.
Japan's Nikkei 225 stock index lost 0.2 per cent to 21,750.92 and the Kospi in South Korea was flat at 2,450.82. Hong Kong's Hang Seng jumped 0.8 per cent to 30,960.72.
The Shanghai Composite index surged 0.9 per cent to 3,219.07. Australia's S&P ASX 200 dipped 0.3 per cent to 5,340.70. Shares rose in Taiwan and in most Southeast Asian markets, reports AP.
The S&P 500 index surged 1.7 per cent to 2,656.87. The Dow gained 1.8 per cent to 24,408. The Nasdaq composite added 2.1 per cent to 7,094.30.
Benchmark US crude shed 16 cents to $65.35 per barrel in electronic trading on the New York Mercantile Exchange. It rose 3.3 per cent to $65.51 a barrel on Tuesday.
Brent crude, used to price international oils, lost 23 cents to $70.76 per barrel. It had added 3.5 per cent to $71.04 a barrel in London.
Oil prices have yoyo'd recently as investors wonder if the trade dispute will hamper global economic growth.
The dollar slipped to 107.06 yen from 107.20. The euro rose to $1.2365 from $1.2357.
