Asian shares are mostly higher after Wall Street drifted to a mixed close. Tokyo s benchmark extended its New Year rally, trading well above 35,000 at its highest level since 1990.
Wall Street wobbled Thursday after an update on inflation raised questions about when the Federal Reserve could begin the cuts to interest rates that investors crave so much.
Wall Street is slipping after a warmer-than-expected report on inflation forced some investors to push back forecasts for when the Federal Reserve could deliver long-sought cuts to interest rates. The
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