Asian Shares Follow Record-Breaking Wall Street

(Bloomberg) — Asian stocks gained after a rally in several large technology companies drove U.S. stocks to another record high.

Benchmarks in Japan, South Korea and Australia all advanced, while Hong Kong and mainland Chinese equities edged lower. The S&P 500 has now set 30 all-time highs this year, defying concern about narrow breadth that may make the market more vulnerable to surprises.