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Asian shares and U.S. futures were modestly higher Friday after U.S. regained more of their losses<\/a> after a tumultuous several days.<\/p>\n Tokyo’s Nikkei 225 edged 0.2% higher to 53,800.28 after the Bank of Japan kept its key interest rate unchanged, as expected. The central bank just raised the policy rate to 0.75% in December. Wrapping up its policy meeting, it also slightly upgraded its estimates for future inflation and economic growth. <\/p>\n The Japanese yen fell against the U.S. dollar, which was trading at 158.64 yen, up from 158.42 yen. <\/p>\n \u201cWith underlying inflation price pressures remaining firm, we expect the Bank of Japan to resume its tightening cycle in the coming months,\u201d Abhijit Surya of Capital Economics said in a commentary. <\/p>\n Chinese markets also saw moderate gains. The Hang Seng in Hong Kong added 0.3% to 26,718.13, while the Shanghai Composite index also was up 0.3%, at 4,133.58.<\/p>\n South Korea’s Kospi climbed 0.6% to 4,983.36. The benchmark had topped 5,000 for the first time on Thursday but fell back later in the day. <\/p>\n In Australia, the S&P\/ASX 200 edged 0.2% higher to 8,862.20. <\/p>\n Taiwan’s Taiex jumped 0.8% and the Sensex in India was nearly unchanged. <\/p>\n On Thursday, the S&P 500 climbed 0.5% to 6,913.35, extending its rally<\/a> after U.S. President Donald Trump called off tariffs<\/a> on European countries that he said opposed his calls for U.S. control of Greenland. <\/p>\n The Dow Jones Industrial Average rose 0.6% to 49,384.01, and the Nasdaq composite gained 0.9% to 23,436.02.<\/p>\n Details were sparse<\/a> about a deal on Greenland<\/a> that Trump said he reached with the head of NATO, leaving investors wary of what\u2019s to come. It’s not signed yet. <\/p>\n It was the latest example of Trump making a big, initial threat, only to pull back after a dramatic reaction in financial markets. The pattern has led to the \u201cTACO\u201d acronym, suggesting that \u201cTrump Always Chickens Out\u201d if markets react strongly enough<\/a>. Tuesday\u2019s drop for the U.S. stock market was the worst since October and large enough that Trump, who often takes credit when Wall Street is doing well, acknowledged \u201cthe dip.\u201d<\/p>\n JPMorgan Chase rose 0.5% after a lawsuit filed by Trump against the bank caused minor ripples for its stock. Trump accused JPMorgan Chase <\/a> of closing his accounts for political reasons after he left office in 2021.<\/p>\n Treasury yields held relatively steady, suggesting foreign investors weren\u2019t rushing out of the U.S. bond market. <\/p>\n Yields got some support from reports on the U.S. economy\u2019s strength that came in better than expected. One said fewer U.S. workers applied for unemployment <\/a> benefits last week than economists expected in a potential signal that the pace of layoffs remains low. A second suggested the U.S. economy grew at a faster rate during the summer <\/a> than the government initially estimated.<\/p>\n A third said that inflation in November was close to economists\u2019 expectations<\/a>, while spending by U.S. consumers was a touch better than expected. <\/p>\n Global markets have calmed following an easing of long-term Japanese government bonds, which had spiked early in the week on worries that Japan\u2019s Prime Minister Sanae Takaichi might make moves <\/a> that would add heavily to the government\u2019s already big debt. <\/p>\n The 40-year Japanese government bond yield slipped back after hitting a record of more than 4%. It was trading at 3.0955% early Friday. <\/p>\n In other dealings early Friday, the price of gold rose 0.8%, remaining close to the $5,000 level. Silver gained 2.3%. Prices of such precious metals often rise when investors are looking for something safer to own. <\/p>\n U.S. benchmark crude oil added 52 cents to $59.88 per barrel, while Brent crude, the international standard, was up 54 cents at $64.60 per barrel.<\/p>\n The euro slipped to $1.1750 from $1.1755.<\/p>\n ___<\/p>\n AP Business Writers Stan Choe, Matt Ott and Yuri Kageyama contributed. <\/p>\n<\/div>\n