Japan’s Nikkei fell for the second consecutive session on Monday as protests in China over tough restrictions to combat the coronavirus hurt investor sentiment, while technology stocks fell in line with their Wall Street peers. The Nikkei index ended the day’s trading down by 0.42 percent, at 28,162.83 points. It …
Read More »US Stocks Face Mixed Sentiment, Still Boosted By FOMC Minutes
Investors exhibit more interest in coming back into the S&P 500 and the Dow Jones Industrial Average surged on Friday, achieving gains despite the trading week that is shortened by holidays.The Dow surged 152.97 points, or 0.45% to 34,347.03, marking the third consecutive session with gains. The S&P 500 fell …
Read More »Japan’s Nikkei closes lower, but records a weekly jump
Japan’s Nikkei average closed lower on Friday, after hitting a more than two-month high in the previous session, as investors sold shares of chip-related technology and growth companies to lock in gains. Still, losses were limited by hopes of a slowdown in rate hikes globally. The Nikkei index fell 0.35 …
Read More »The Nikkei index closed at a two-month peak amid hopes of a slowdown in interest rate hikes in the US
Japan’s Nikkei index ended Thursday’s trading at its highest level in more than two months, tracking Wall Street, which posted overnight gains on hopes that the Federal Reserve will slow the pace of interest rate hikes. The Nikkei index closed up 0.95 percent at 28,383.09 points, the highest level since …
Read More »Stocks surge after pivot signals by FOMC minutes
U.S. stocks rose Wednesday as meeting minutes from the Federal Reserve showed that the Fed is looking to hand out smaller rate hikes in the coming months as inflation eases.The Dow Jones Industrial Average rose 95 points, or 0.28%. The S&P 500 gained 0.51% and the Nasdaq Composite increased 0.95%.Minutes …
Read More »US Stocks higher amid attempts to rid of Covid shadows
US Stocks rose Tuesday morning as Wall Street attempts to get rid of covid-linked fears as China’s policies tend to further restrictions. Earnings reports also attract significant attention of traders and investors.The Dow Jones surged 282 points, or 0.84%. The S&P 500 progressed 0.56% on the back of the performance …
Read More »Japanese stocks rise, and caution ahead of Fed decision limits gains
Japanese stocks closed higher on Tuesday as the yen’s decline against the dollar boosted expectations of better performance by local manufacturing companies. Still, caution ahead of the Federal Reserve’s monetary policy statement limited gains. The Nikkei index rose 0.61 percent to close at 28,115.74 points, while the broader Topix index …
Read More »US Stocks dragged lower on US dollar gains
US stocks retreated amid growing worries that China could tighten Covid curbs after reported deaths over the weekend. Concerns about the growth outlook in the US as the Fed policymakers vow to fight inflation also continue to direct decisions by most investors. The technology sector dragged S&P 500 lower. The …
Read More »Nikkei closed slightly higher on rate hike and Covid fears in China
Japanese stocks closed slightly higher on Monday, although stocks included in the Nikkei index remained below 28,000 points, as a rise in the number of COVID-19 infections in China overshadowed sentiment in Asia while traders waited for more clarity regarding the issue. What will happen to interest rates. The Nikkei …
Read More »Annual inflation in Japan is at the highest level since 1991
Annual inflation in Japan rose in October to 3.7%, after it had recorded 3% in September, bringing it to the highest level since January 1991, in light of the rise in commodity prices and raw materials coinciding with the weakness of the yen. The biggest pressure came from food costs, …
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