Asian shares mostly gain after uptick in inflation pulls US stocks lower

Asian shares mostly gain after uptick in inflation pulls US stocks lower 26 mins ago Asian are mostly higher after most stocks on Wall Street fell following a disappointing report that said inflation was worse last month at the U.S. wholesale level than economists had expected. U.S. futures rose while oil prices slipped. China reported data showing its economy was feeling pressure from higher U.S. tariffs in July, while property investments fell further. On Thursday, the S&P 500 edged up less than 0.1% to set another all-time high, but the Dow Jones Industrial Average and Nasdaq composite slipped, falling less than 0.1%. Attention Friday will likely focus on U.S. retail sales and on a meeting between President Donald Trump and Russian President Vladimir Putin.