New Delhi, June 2 -- Asian shares mostly declined Tuesday as renewed fighting threatened the U.S.-Iran ceasefire.

U.S. futures also fell.

Japan's benchmark Nikkei 225 slipped 1.6% to 65,833.49 and South Korea's Kospi dipped 1.7% to 8,642.82.

The Hang Seng gained 1.2% to 25,698.75, while the Shanghai Composite slipped less than 0.1% to 4,056.56.

Australia's S&P/ASX 200 shed 0.4% to 8,692.20.

Monday on Wall Street, U.S. stocks ticked to more records.

The S&P 500 added 0.3% to close at 7,599.96 and the Dow Jones Industrial Average rose 0.1% to 51,078.88. The Nasdaq composite climbed 0.4% to 27,086.81.

In the bond market, the yield for the 10-year Treasury briefly approached 4.52% before regressing to 4.46%, up from 4.45% late Friday....