Asian shares extend losses as oil prices push higher

NEW: Tokyo, Sydney, Hong Kong, Seoul and Shanghai markets fall after Wall Street drops 3%. NEW: Japan’s benchmark Nikkei 225 falls 1.7% in afternoon trading to 24,783.70; Australia’s S&P/ASX 200 sinks 0.8% to 6,980.30; Hong Kong’s Hang Seng lost 0.5% to 20,956.39; Shanghai’s Shanghai Composite fell 1.2% to 3,333.49. The price of gold briefly touched $2,007.50 per ounce; by Tuesday afternoon, it was at $1,995.88, down 0.1%. Oil prices steadied later in the day and were moderately higher early Tuesday. . . .

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