Asian shares are mostly trading higher after U.S. stocks hit another record. The indexes in Shanghai, Tokyo and Seoul inched higher Thursday, while Hong Kong was lower.

U.S. stocks ticked higher on Wednesday to hit another all-time high. The S&P 500 rose 0.5% and set a record for the third time in four days.

U.S. stock indexes are drifting higher ahead of a highly anticipated report about how the U.S. job market is holding up amid uncertainty about President Donald Trump’s tariffs. The S&P

Tesla stock sunk as much as 8% after President Donald Trump fired a new shot at Elon Musk. Trump said Musk had government subsidies than "any human being in history" in a post on Truth Social. The pair's feud was reignited by more criticism from Musk over Trump's tax bill.

Tesla shares dropped after President Trump and Elon Musk renewed their feud over Trump's tax-and-spending bill. As Senate Republicans struggle to corral enough votes to pass the "big, beautiful bill,"