Asia markets track Wall Street losses; Japan inflation eases in April
This is CNBC's live blog covering Asia-Pacific markets.
Asia-Pacific markets fell on Friday as Wall Street continued to extend losses, despite a post-earnings rally in tech darling Nvidia.
Nvidia shares rose 9.3% on Thursday, following a stellar earnings that topped expectations.
Investors assessed April inflation from Japan for clues on the Bank of Japan's monetary policy moves.
Japan's core inflation — which strips out fresh food and energy — eased to 2.2% from 2.6% in March, in line with expectations. Headline inflation slowed to 2.5%, down from March's 2.7% figure.
The Nikkei 225 slid 1.25% after the CPI announcement, while the broad-based Topix fell 0.61%.
South Korea's Kospi was 1.05% lower, dragged by heavyweight Samsung Electronics, while the small-cap Kosdaq lost 0.22%.
The Australian S&P/ASX 200 also fell 0.96%.
Hong Kong's Hang Seng index slipped 0.6%, while the mainland Chinese CSI300 was marginally below the flatline
Overnight in the U.S., the Dow Jones Industrial Average marked its worst session of the year as it slid 1.53%, with aircraft manufacturer Boeing falling 7.6% — the biggest laggard in the index.
The S&P 500 dropped 0.74%, and the Nasdaq Composite tumbled 0.39%. Earlier in the session, both the broad-market index and the tech-heavy benchmark had hit record highs.
— CNBC's Hakyung Kim and Samantha Subin contributed to this report.
Japan's inflation eased slightly to 2.5% in April, lower than the 2.7% seen in March and marking a second straight month of slowing inflation.
Core inflation, which excludes prices of fresh food, also slowed to 2.2% from 2.6%, in line with expectations.
The so-called "core-core" inflation rate — which strips out both fresh food and energy prices and is considered by the Bank of