News Summary

• Tokyo's core consumer price index rose 2.2% in July, rising for the third straight month to its highest level in four months, adding to expectations that the Bank of Japan may raise its near-zero benchmark interest rate at a policy meeting next week.
• It’s up 8.6% this month, versus a loss of 1.1% for the big stocks in the S&P 500.Continued losses for Nvidia and most of the handful of Big Tech stocks that have been primarily responsible for the S&P 500's run to records this year weighed on the market.
• Shares are mostly higher in Asia, with major markets apart from Shanghai and Taiwan logging modest gainsBANGKOK -- Shares were mostly higher in Asia on Friday, with major markets apart from Shanghai and Taiwan logging modest gains.U.S.
• Its net income fell in part on rising warranty and recall costs.In other dealings early Friday, U.S. benchmark crude oil rose 15 cents to $78.43 per barrel in electronic trading on the New York Mercantile Exchange.
• Brent crude, the international standard, also was up 15 cents, at $81.54 per barrel.The U.S. dollar fell to 153.79 Japanese yen from 153.93 yen.
• The Russell 2000 index of smaller stocks jumped 1.3%.