Asian stocks mixed after Wall Street dips on US data

Asian stocks were mixed Thursday following modest Wall Street losses, following U.S. inflation and economic growth updates. The U.S. economy grew at a 1.5% pace in the April-June period, while the Fed's preferred inflation measure sat at 3.7% last month, slightly above expectations. Nvidia's quarterly earnings beat forecasts, with revenue more than doubling, boosting U.S. futures. Oil prices declined, with Brent crude at $86.49 per barrel. Japan's Nikkei slipped 0.2%, while South Korea's Kospi rose 1.5%. China reported industrial profit growth slowed to 11.2% in July.