Asian stocks recovered some of their steep losses from the previous session on Friday after U.S. markets limited further declines from hawkish U.S. Fed comments, supported by a firm economy and strong earnings at Apple Inc.
On Wall Street, U.S. stocks retreated after a solid opening, as investors juggled positive economic news with mixed corporate earnings, geopolitical unrest and the prospect of a more hawkish Federal Reserve. But gains were pared as investors processed how strong economic growth might inform the Fed's thinking.