BANGKOK (AP) — Asian shares advanced on Tuesday after Wall Street rolled to more records, though markets in China were mostly lower. U.S. futures edged higher while oil prices shed more than $2 a barrel. Tokyo’s Nikkei 225 index gained 1.3% to 40,125.60, while the Kospi in Seoul gained 0.2% to 2,627.92.

Investors were disappointed by the absence of updates on Tesla's affordable Model 2 at Elon Musk's "We, Robot" event.

Stocks are near records in large part on the belief that the U.S. economy will indeed continue to grow, now that the Federal Reserve has shifted to cutting interest rates to give it more juice. The Fed last month lowered its main interest rate for the first time in more than four years and indicated more cuts will arrive through next year.

U.S. stocks are ticking higher Monday to add to their all-time high s. The S&P 500 was up 0.5% in midday trading and building on its record set on Friday The Dow Jones Industrial Average came back from an early loss to rise 118 points and add 0.