Markets Hesitant on Lunar New Year Holiday as Investors Await US Inflation Data, Fed Rate Hikes
• Markets mixed in Asia with many countries closed for Lunar New Year • Investors awaiting US inflation data and Fed rate hike outlook • Wall Street hit record highs on optimism about falling inflation • Oil prices dipped on Friday after gains linked to Middle East tensions • S&P 500 closed above 5,000 points for the first time