{"id":40345,"date":"2021-01-22T12:42:52","date_gmt":"2021-01-22T08:42:52","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=40345"},"modified":"2021-01-22T12:42:54","modified_gmt":"2021-01-22T08:42:54","slug":"nikkei-dropping-from-its-30-year-peak-as-the-focus-shifts-to-corporate-profits","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/nikkei-dropping-from-its-30-year-peak-as-the-focus-shifts-to-corporate-profits\/01\/22\/market-updates\/","title":{"rendered":"Nikkei Dropping From Its 30-Year Peak as The Focus Shifts to Corporate Profits"},"content":{"rendered":"\n<p>Japanese stocks retreated from a 30-year peak Friday (January 22nd), as investors were reluctant to make big bets ahead of the corporate earnings season while some took profits after a recent rally led by hopes of a massive stimulus in the United States.<\/p>\n\n\n\n<p>The Nikkei index closed down 0.44% to 28631.45 points, while the broader Topix index fell 0.21% to 1856.64. In the previous session, the index closed at its highest level in 30 years thanks to optimism that US President Joe Biden&#8217;s massive stimulus package will boost growth.<\/p>\n\n\n\n<p>Asian stocks fell from record levels as investors pulled some money out of the market after a recent stimulus-driven rally.<\/p>\n\n\n\n<p>Advertising agency Dentsu Group closed down 2.19% after The Times reported earlier in the session that the Japanese government had privately concluded that the Olympic Games in Tokyo would be cancelled. The government vehemently denied the report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japanese stocks retreated from a 30-year peak Friday (January 22nd), as investors were reluctant to make big bets ahead of the corporate earnings season while some took profits after a recent rally led by hopes of a massive stimulus in the United States. The Nikkei index closed down 0.44% to 28631.45 points, while the broader &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6939,6971],"class_list":["post-40345","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-japan","tag-nikkei"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/40345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=40345"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/40345\/revisions"}],"predecessor-version":[{"id":40346,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/40345\/revisions\/40346"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32812"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=40345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=40345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=40345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}