Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump's election victory cooled further. U.S. futures and oil prices were lower. In Tokyo, the Nikkei 225 index was up 0.

Stocks finished mixed Wednesday, as investors looked through a key inflation reading that could accelerate repricing of the so-called 'Trump Trade' and test the market's solid post-election rally. The Dow Jones Industrial Average gained 47.

U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month through a cut to interest rates. The S&P 500 was nearly unchanged and edged up by less than 0.