Investing.com - Asian shares were mixed on Thursday with Tokyo recovering after snapping a 16-day winning streak the previous day.
Japan's Nikkei 225 rose 0.27%, while Australia's S&P/ASX 200 edged down 0.07%. ANZ said on Thursday its full-year net profit for the year ending Sept. 30, 2017, rose 12% to ID6.41 billion ($4.94 billion), a touch below the A$6.87 billion forecast. The bank's full-year cash profit rose 18% to A$6.94 billion ($5.35 billion). ANZ shares underperformed other banking stocks, tumbling by 1.34%.
In Greater China, the Shanghai Composite rose 0.46%, while the Hang Seng index fell 0.12%.
Overnight, U.S. stocks retreated from record highs as a bout of soft corporate earnings overshadowed better-than-expected economic data indicating the U.S. economy remains on track to post a solid quarter of growth.
The Dow Jones Industrial Average closed higher at 23,329.46. The S&P 500 closed 0.47% lower while the Nasdaq Composite closed at 6563.89, down 0.52%.
In what is shaping up to be the busiest week of the earnings season, investors had to contend with earnings reports from corporates that failed to meet expectations, dampening recent investor optimism on earnings.
On the economic data front, better-than-expecting housing and core durable goods orders data failed to lift sentiment on equities.
The Commerce Department said on Wednesday non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, rose 1.3% last month, beating forecast of a 1% increase.
In a separate report, the Commerce Department showed existing home sales increased 18.9% in September from the previous month to a seasonally adjusted annual rate of 667,000 units. Economists were expecting a 0.9% decline to 555,000 homes.