Stock market today: Asian stocks track Wall Street gains and Japan’s inflation slows
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asia markets mostly advanced Friday after Wall Street recouped most of the week's earlier losses and Japan reported slowing inflation, which may keep its ultra-low interest rates steady. Japan’s inflation slowed for a second straight month, increasing the chance that the Bank of Japan will keep its ultra-low interest rates unchanged at its meeting next week. Treasury yields swung up and down in the minutes after a report on Thursday morning showed the number of U.S. workers applying for unemployment benefits fell last week to its lowest level since two Septembers ago. Discover Financial Services fell 10.8%, and KeyCorp lost 4.6% after both reported profits that fell well short of Wall Street’s forecasts, though their revenues topped expectations.