Asian shares at seven-year highs, cheered by Apple earnings

By Lisa Twaronite TOKYO (Reuters) - Asian stocks scaled fresh seven-year peaks on Tuesday as Apple's upbeat earnings offset underlying caution ahead of the Federal Reserve's policy meeting scheduled to start later in the session. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent in early trading to touch its highest level since January 2008. Japan's Nikkei stock index advanced 0.6 percent. On Monday, Wall Street ended lower after the benchmark S&P 500 index hit a record intraday high before reversing course, tempered by caution ahead the Fed meeting.

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