Asian shares were mixed Wednesday ahead of a decision on interest rates by the U.S. Federal Reserve. U.S. futures edged higher while oil prices declined. Japan reported that it logged a trade surplus in February,

Wall Street swung back down on Tuesday, and its former superstars once again led the way. The S&P 500 dropped 1.1% for its latest swerve in a scary ride, where it tumbled by 10% from its record and then rallied for two straight days.

Stocks in Asia were set to follow declines on Wall Street, after heavy selling resumed in the largest technology companies in a sign investors are paring exposure in US risk assets. Gold climbed to a fresh record.