Stock market today: Asian shares mostly higher as investors await US inflation, China economic data

Stock prices are mostly higher in Asia as investors watch for U.S. inflation figures and China's latest economic data. Benchmarks fell in Hong Kong and Tokyo but rose in Shanghai, Sydney and Seoul. On Friday, stocks drifted to a slightly higher close on Wall Street but still closed out their first losing week in the last three. The S&P 500 rose 0.1%. Treasury yields held relatively steady, helping to keep trading quiet. Strong reports on the economy earlier in the week sent yields higher and raised worries the Federal Reserve may keep interest rates higher for longer. High rates can slow inflation, but they hurt investment prices.