Asian shares retreat after falling tech stocks pull Wall Street lower

Asian shares retreat after falling tech stocks pull Wall Street lower 15 mins ago Shares have declined in Asia after losses for influential technology stocks pulled Wall Street benchmarks lower, though U.S. futures edged higher. Oil prices advanced. China reported that its exports contracted 1.1% in October, as shipments to the United States dropped by 25% from a year earlier. But economists expect Chinese exports to recover after U.S. President Donald Trump and Chinese leader Xi Jinping agreed last week to de-escalate the trade war between the two largest economies. On Thursday, the S&P 500 fell 1.1% and the Dow industrials lost 0.8%. The Nasdaq composite sank 1.9%. DoorDash sank after warning investors that it will be spending much more on product development next year.