Japan's Nikkei snaps win streak on Fed jitters; Uniqlo owner's rally caps losses




Japanese shares fell on Friday, tracking Wall Street's declines overnight after hotter-than-expected U.S. inflation data fuelled bets for a more hawkish Federal Reserve.

However, losses on Japan's benchmark Nikkei share average were limited by a 5.75% surge in heavyweight Fast Retailing , owner of the Uniqlo brand, following a strong earnings report.

The Nikkei closed the day down 0.55% at 32,315.99, snapping a three-day winning run.

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