Asian benchmarks are mixed in cautious trading amid uncertainty about US-Iran ceasefire talks

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TOKYO (AP) — Asian shares were mixed in cautious trading Wednesday, as investors watched for next steps in the U.S.-Iran conflict after President Donald Trump extended a ceasefire that was set to expire. Japan’s benchmark Nikkei 225 rose 0.4% to 59,585.86. Australia’s S&P/ASX 200 declined 1.2% to 8,843.60. South Korea’s Kospi added 0.5% to 6,417.93. Hong Kong’s Hang Seng lost 1.2% to 26,180.51, while the Shanghai Composite gained 0.5% to 4,106.26. On Wall Street, the S&P 500 erased an early rise