By JOE McDONALDBEIJING (AP) — Asian stocks were mostly lower Tuesday as expectations of a U.S. rate hike boosted the dollar and investors watched President-elect Donald Trump for signs of policy direction. KEEPING SCORE: The Shanghai Composite Index lost 0.2 percent to 3,204.31 points and Tokyo's Nikkei 225 was flat at 17,670.77. Sydney's S&P-ASX 200 tumbled 0.5 percent to 5,320.60 and Seoul's Kospi was almost unchanged at 1,974.27. Hong Kong's Hang Seng added 0.4 percent to 22,314.62. Benchmarks in Southeast Asia and New Zealand were mixed. WALL STREET: Tech companies including Apple and Microsoft took big losses on concern Trump's policies might hurt their sales in China and other global markets. Bank stocks surged as bond yields rose, which allows them to make more money from lending. The Dow Jones industrial average gained 21.03 points, or 0.1 percent, to close at 18,868.69, another all-time high. The Standard & Poor's 500 index dipped 0.25 points to 2,164.20 after it fell as much as 0.4 percent earlier. The Nasdaq composite sank 18.72 points, or 0.4 percent, to 5,218.40. RISING DOLLAR: The dollar climbed as high as 108.30 yen from Monday's 107.87 yen as expectations of a U.S. rate hike rose. Trump's surprise election initially raised expectations the Federal Reserve might put off a rate hike until his plans were clear. But analysts say the latest comments from Dallas Fed President Robert Kaplan indicate the Fed is sticking to plans to act in December. "There appears no stopping the U.S. dollar's recent ascent based on the current interest rate trajectory," Stephen Innes of OANDA said in a report. TRUMP WATCH: Investors were watching for signs of what Trump, who gave few details of his plans on the campaign trail, might do in office. Analysts say his promises of tax cuts and higher infrastructure spending could boost economic growth but also spur inflation. His threats of sanctions against China and other trading partners that he accuses of acting unfairly have rattled trade-dependent Asian economies.