Markets in Asia were mostly lower with Shanghai closed for the holiday.

The Nikkei was down .8% to 11,273. Toyota (TM) fell on poor US sales. Honda (HMC) was down as much as 4%. Sony (SNE) traded down as much as 6%.

The Hang Seng fell 1.1% to 17,826. Hang Seng Bank fell on potential exposure to the failure of WaMu.

Douglas A. McIntyre