Japan’s Nikkei share average rose to a three-month high on Tuesday, and the broader Topix index reached its highest level since late 2021, as investor sentiment improved thanks to a decline in long-term US Treasury yields. But analysts said that uncertainty limited the gains ahead of Federal Reserve Chairman Jerome …
Read More »Japan’s Nikkei index closed higher after hitting a 3-month high
Japan’s Nikkei average rose more than 1 percent on Monday to a three-month high, retracing gains on Wall Street in the previous session, after Federal Reserve officials eased concerns about monetary tightening. Interest-sensitive technology stocks were the top gainers in Japan, as was Wall Street after Richmond Federal Reserve Bank …
Read More »US stocks have rallied on best day since January 2023
The S&P 500 gained 1.6% to end its first profitable week in the previous four as the bond market’s easing yields relieved some of Wall Street’s pressure. Following a sharp surge and fall to start the year, it has found some steadiness. The Nasdaq composite rose 2% while the Dow …
Read More »The Nikkei index closed at its highest level in about 3 months
Japan’s Nikkei share average closed at its highest level in nearly three months on Friday after US stocks ended higher overnight. The Nikkei index rose 1.56 percent to close at 27,927.47 points, its highest since December 15 and its biggest daily gain since January 18. The index rose 1.73 percent …
Read More »Macy’s profits surpass expectations
During the holiday quarter, Macy’s reported a higher profit than was anticipated. The owner of a US department shop claimed that it is preparing for a more unpredictable year. Also, Macy’s wants to expand its luxury division and add more non-mall outlets. The business said it attracted holiday shoppers searching …
Read More »Japan’s Nikkei index closed higher as sentiment improved on Chinese data
Japanese stocks ended flat on Thursday after a disappointing investor day for Tesla Inc and fears of a tighter US central bank monetary policy outweighed the yen’s decline. The Nikkei index gave up gains made earlier in the session to end the transactions at 27,498.87 points, although it has been …
Read More »5 Factors That Will Make March a Month to Remember on Wall Street
Wall Street stocks closed February on a noticeably shaky note, raising concerns about the resilience of a rise that began in early 2023. The Dow Jones Industrial Average had a solid start to the year in January, but it declined by 4.2% in February, bringing the blue-chip index’s annual decline …
Read More »Japan’s Nikkei index closed higher as sentiment improved on Chinese data
Japan’s Nikkei index extended gains to close higher on Wednesday as sentiment improved after data showed manufacturing activity in China expanded in February at the fastest pace in more than a decade. The Nikkei index closed up 0.26 percent at 27,516.53 points, after falling as much as 0.5 percent earlier …
Read More »US stocks to incur losses in Feb. as rate concerns accelerate
The S&P 500 retreated and the main US indexes are expected to record monthly losses on Tuesday as Treasury yields surged while investors are focused on bets concerning upcoming interest rate decision which is seen high for longer. Bank of America Global Research warned the Fed could even hike interest …
Read More »Will Rivian prove ability to grow production, cut losses in 2023?
Rivian shares will be in focus after the bell as the electric adventure vehicle maker will report its Q4 financial results. The company’s new annual production target and its projected loss for 2023 are expected to be of particular interest for investorsFrom a deliveries standpoint, the company already reported that …
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