Asian shares rebound; Wall St headed for weekly decline

By ELAINE KURTENBACH
AP Business Writer

Shares are higher in Asia as investors stepped up buying despite another decline on Wall Street that kept the S&P 500 and the Nasdaq on track for their first weekly losses in three weeks. Shares rose in Tokyo, Hong Kong and other major markets, bouncing back from losses earlier in the week. In New York, technology and health care companies posted the biggest losses, offsetting gains in energy companies and banks. The S&P 500 fell 0.5% and the Nasdaq pulled back 0.3%. The yield on the 10-year Treasury note was steady at 1.31% and U.S. futures were higher. Crude oil prices were little changed after falling Thursday.