Asian stocks were mixed on Friday as Chinese markets declined amid investors' attention on a key briefing about the details of the upcoming stimulus plan this weekend. U.S. futures rose while oil prices were lower. The Shanghai Composite lost 1.6%, while Hong Kong markets were closed Friday for a public holiday. South Korea’s central bank cut its benchmark interest rate by 25 basis points to 3.25% on Friday, signaling a shift to an easing cycle intended to stimulate economic growth. The S&P 500 slipped 0.2% Thursday, and the Dow Jones Industrial Average fell 0.1% after likewise setting an all-time high the day before. The Nasdaq composite edged down by 0.1%.
