A Japanese flag is displayed as shoppers and pedestrians walk past stores at a shopping street in Tokyo, Japan, on Wednesday, Nov. 23, 2016.Tomohiro Ohsumi | Bloomberg | Getty ImagesAsia-Pacific markets opened higher on Friday with Japan’s Nikkei 225 leading gains, after Wall Street soared overnight following the Federal Reserve’s outsized rate cut.Japan’s core consumer prices index climbed 2.8% year on year, in line with Reuters estimates, versus a 2.7% rise in the previous month. Excluding fresh food and energy, the inflation figure was 2%, versus 1.9% in the previous month.The reading will be the last gauge of the economy before the BOJ concludes its two-day monetary policy meeting, where it’s expected to keep interest rates unchanged at 0.25%.The Japanese yen firmed 0.13% against the greenback at 142.44.China has kept its key benchmark lending rates unchanged at the monthly fixing, with the one-year loan prime rate — which affects corporate and most household loans — at 3.35% and the five-year LPR — a reference for mortgage rates — at 3.85%. Japan’s Nikkei 225 jumped over 2% and the broad-cased Topix added 1.53%.Hong Kong’s Hang Seng index advanced 1.09%, and mainland China’s blue chip CSI 300 edged 0.18% lower.South Korea’s blue chip Kospi gained 1.01% and the small-cap Kosdaq was up 1.15%.Australia’s S&P/ASX 200 edged up 0.51%.Overnight in the U.S., all three major indexes ended higher with the Dow Jones Industrial Average rising 1.26% to close at 42,025.19, crossing the 42,000 threshold for the first time.The S&P 500 added 1.7% to end at 5,713.64, topping 5,700 for the first time.The Nasdaq Composite surged 2.51% to finish at 18,013.98.The three major averages are on pace for weekly gains, with the S&P 500 up nearly 1.6% through Thursday’s close. The Dow is toting a 1.5% jump on the week, while the Nasdaq is outperforming with a 1.9% advance.—CNBC’s Lisa Kailai Han and Hakyung Kim contributed to this report.