TOKYO - Asian shares fell and Wall Street was poised to retreat from record highs on Tuesday after Apple Inc said it would miss its March quarter revenue guidance as the noval coronavirus slowed production and weakened demand.

S&P500 e-mini futures slipped as much as 0.4 percent in Asian trade while Nasdaq futures fell 0.6 percent.

European stocks were expected to follow suit, with major European stock futures STXEc1 FDXc1 FFIc1 trading 0.5-0.6 percent lower.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.0 percent, while Tokyo's Nikkei slid 1.4 percent, dragged down by tech stocks.

Major Chinese stock indices ended higher, with the benchmark Shanghai Composite Index up 0.05 percent to end at 2,984.97 points.

Bonds were in demand, with the 10-year US Treasuries yield falling 4.2 basis point to 1.546 percent after a US public holiday on Monday.

Safe-haven gold also rose 0.3 percent to its two-week high of US$1,587.00 per ounce.

In the currency market, the yen ticked up 0.15 percent to 109.69 yen per dollar while the risk-sensitive Australian dollar lost 0.4 percent to US$0.6686. The yuan was steadier for now, trading at 6.9950 yuan per dollar.

The euro, grappling with worries about sluggish growth in the euro zone, edged down 0.1 percent to US$1.0833, near its 33-month low of US$1.0817 touched on Monday.

Brent crude LCOc1 fell 0.6 percent to US$57.30 a barrel, while US West Texas Intermediate (WTI) crude slipped 0.3 percent to US$51.90 a barrel.

London copper prices also retreated 0.3 percent to US$5,797 a tonne, slipping from Monday’s three-week high.