Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump's election victory cooled further. U.S. futures and oil prices were lower. In Tokyo, the Nikkei 225 index was up 0.

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut rates amid a strong economy.

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s

Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.

Shares of The Walt Disney Company rose in premarket trading Thursday as revenue and adjusted profit topped analysts' estimates.

Disney rallied after earnings, as investors got a rare three-year forecast that showed the company expects double-digit earnings growth in 2026 and 2027.