The record-setting advance in global equities took a breather in early Asian trading Tuesday, as markets braced for a flurry of megacap technology earnings and policy announcements from major central banks this week.

Equity gauges in Japan and South Korea retreated from record highs set Monday, while shares in Australia also fell at the open. US indexes closed at all-time highs as Chinese and US trade negotiators lined up an array of diplomatic wins for Donald Trump and Xi Jinping to unveil at a summit this week. An index of US-listed Chinese shares rose 1.6%.

Gold steadied after slumping more than 3% to trade below $4,000 an ounce while a gauge of the dollar edged lower for a second day. Technology stocks will be in focus after Amazon.com Inc. planned to cut as many as 30,000 jobs, Reut

See Full Page