U.S. stock indexes are rising Friday as they head toward the close of their best week in two months. The S&P 500 was 0.9% higher in early trading and on track for its first winning week in the last three.

Asian shares are mixed after gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies on Wall Street.

Asian Shares Advance After Inflation Data Drives a Rally on Wall Street TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation.

U.S. stock indexes drifted lower Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. The S&P 500 slipped 0.2% after flipping between small gains and losses through the day.

Shares in Asia followed Wall Street higher Thursday as easing US core inflation kept alive the prospect of Federal Reserve rate cuts this year.

Asian shares are mixed after gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies on Wall Street.

Most U.S. stocks are rising Tuesday following an encouraging update on inflation, but drops for Eli Lilly and some other influential stocks are keeping indexes in check.

World stocks are mixed follow Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of the Federal Reserve’s rate cuts.