Shares are mostly lower in Asia after U.S. stocks pulled back from their records. Tokyo's Nikkei index fell 1.8%, leading the declines, while Chinese shares mostly advanced.
Faber also said that U.S. stocks have been "on a heater" for 15 years. For example, the S&P 500's average annualized return over the 15 years through Oct. 11 was 14.1%, compared with an average of 7.7 ...
S&P 500 futures are up 0.1%. Dow Jones Industrial Average futures are down 0.1%. Nasdaq 100 futures are adding 0.2%. On Tuesday, the Dow Jones Industrial Average fell 325 points, or 0.75%, to 42,740, ...
The Australian sharemarket has regressed from its 100-day record high on Wednesday, with the tech sector trading lower off the back of worse than expected results out of the US.