U.S. markets wobbled early Friday after the Labor Department said core inflation remained subdued in April.
Consumer prices rose 0.4 percent in April from March after rising 0.5 percent in the previous two months. On an annual basis, prices rose 3.2 percent.
But core prices, which exclude the volatile categories of food and fuel costs, rose 0.2 percent in April compared to the previous month and 1.3 percent compared to the same month a year earlier.
In midmorning trading on Wall Street, the Dow Jones industrial average lost 0.21 percent, 26.57 points, to 12,669.35. The Standard & Poor's 500 index lost 0.14 percent, 1.91, to 1,346.74. The Nasdaq composite index shed 0.33 percent, 9.56, to 2,853.48.
The benchmark 10-year treasury note rose 12/32 to yield 3.184 percent.
The euro fell to $1.4216 from Thursday's $1.4239. Against the yen, the dollar fell to 80.64 yen from Thursday's 80.87 yen.
In Tokyo, the Nikkei 225 index lost 0.7 percent, 67.88, to 9,648.77.