Asian shares slip as investors await Fed meeting for rate clues

Asian shares slipped on Tuesday, hobbled by uncertainty as traders awaited a Federal Reserve meeting for clues on U.S. monetary policy, though sentiment was supported by record highs on Wall Street. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent after wobbling between positive and negative territory in early trading. On Wall Street on Monday, the Dow Jones Industrial Average (.DJI) closed at a record high for the fifth straight session, and the S&P 500 (.SPX) marked its second straight closing record high, as higher U.S. Treasury yields helped lift financial shares.

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