04-08-2015 02:21 via news.yahoo.com

Asian shares edge down, oil stabilizes after rout

Asian shares edged lower on Tuesday after downbeat economic data pressured Wall Street ahead of key U.S. jobs data later this week that could provide a key clue to the timing of the U.S. Federal Reserve's interest rate increase. Crude oil prices stabilized after plunging overnight, with U.S. crude adding about 0.6 percent to $45.42 a barrel. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent in early trading, while Japan's Nikkei stock index slipped 0.
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