Asia-Pacific stocks mixed; investors monitor Apple supplier stocks following revenue miss

SINGAPORE — Shares in Asia-Pacific were mixed as investors monitor stocks of Apple suppliers after the tech giant's revenue miss.

The Nikkei 225 in Japan climbed 0.12% while the Topix index hovered above the flatline. South Korea's Kospi gained 0.57%.

Australian stocks fell into negative territory as the S&P/ASX 200 slipped 0.19%. Australia's retail sales data for September is set to be released at 8:30 a.m. HK/SIN.

MSCI's broadest index of Asia-Pacific shares outside Japan traded 0.11% higher.

Investors watched for movements in regional Apple supplier stocks after the company's sales fell short of Wall Street expectations in its fiscal fourth quarter. CEO Tim Cook said there were larger-than-expected supply constraints on iPhones, iPads and Macs.

In Friday morning trade, shares of Alps Alpine in Japan plunged 5.9% while Murata Manufacturing slipped 0.5%. Taiyo Yuden, on the other hand, gained 1.41%.

Overnight stateside, the S&P 500 jumped 0.98% to 4,596.42 while the Dow Jones Industrial Average climbed 239.79 points to 35,730.48. The Nasdaq Composite surged 1.39% to 15,448.12.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.348 after a recent drop from above 93.9.

The Japanese yen traded at 113.67 per dollar, stronger than levels above 114 seen against the greenback earlier this week. The Australian dollar changed hands at $0.7537, largely holding on to gains after climbing from below $0.75 earlier in the week.