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Train loaded with coal ready to leave a coal mine owned by China Energy Investment Corporation on January 14, 2023 in Ejin Horo Banner, Ordos City, China’s Inner Mongolia Autonomous Region.
Wang Zheng | China Visual Group | Getty Images
Asia-Pacific markets were mixed on Friday as some markets returned from the Boxing Day holiday and investors awaited economic data from the region.
Australia S&P/ASX 200 rose 0.68% as trading resumed after the Christmas and Boxing Day holidays.
of Japan Nikkei 225 rose 0.51%, while the Topix added 0.56%. South Korea Kospi slid 0.58% while the Kosdaq traded 0.61% lower.
Valued Investors November inflation numbers from the Japanese capital of Tokyowhich saw its headline inflation rate at 3%, compared to 2.6% in October. Core inflation, which excludes fresh food costs, rose to 2.4% missing Reuters expectations of a 2.5% rise. Tokyo’s inflation numbers are widely regarded as a leading indicator of national trends.
of Japan unemployment rate for the month of November it came in at 2.5%, in line with Reuters estimates and unchanged from October.
Traders await China’s industrial profit figures for November.
The night in the United States, the Dow Jones Industrial Average erased early losses and squeezed out a small gain in thin trading Thursday after the market’s back-to-back strong gains at the start of the holiday week.
The blue-chip Dow closed the day 28.77 points, or 0.07%, higher at 43,325.80 after losing about 182 points earlier in the session. U S&P 500 down 2.45 points, or 0.04%, to 6,037.59. U Nasdaq Composite also ended the day lower, falling less than 0.1% to 20,020.36.
— CNBC’s Yun Li contributed to this report.