Stock market today: Asian shares fall as Wall Street retreats, ending record-setting rally

Asian shares fell Thursday after Wall Street hit the brakes on its big rally following disappointing corporate profit reports and warnings that the market had surged too far, too fast.

U.S. futures rose while oil prices dipped as data showed an unexpected increase in U.S. inventories.

Tokyo’s Nikkei 225 index fell 1.6% to 33,140.47, with Japanese automaker leading losses on the benchmark, falling as much as 4%. The company said Wednesday