US stocks rallied on Monday (July 21), with the S&P 500 and Nasdaq hitting new record highs as a strong start to the earnings season overshadowed concerns about impending tariffs. The Dow Jones Industrial Average rose more than 200 points, driven by solid gains in leading tech stocks like MetaTrader, Amazon, and Alphabet. So far, more than 85% of S&P 500 companies that have reported earnings have beaten expectations, fueling optimism despite rising market valuations. Verizon shares jumped more than 4% after its earnings beat expectations, while Block's surged more than 8% after news...
Japanese stocks rose as a weaker yen provided support for exporters while a diplomatic agreement to promote travel from China boosted companies that rely on inbound tourism. The Topix rose 0.4% to 2,744.65 as of 9:24 a.m. in Tokyo The Nikkei 225 gained 0.3% to 39,264.60 Toyota Motor was the biggest contributor to the Topix's gain, rising 4.4%. Of the 2,124 stocks in the index, 1,082 rose and 857 fell, while 185 were unchanged. The yen was steady at 157.20 per dollar after falling for the past three days. Department stores including Isetan Mitsukoshi Holdings and Takashimaya rose after...
Asia's benchmark stock index rose as equities rose in Japan and South Korea, while several other regional markets remained closed for holidays. Sentiment improved after U.S. stocks extended this year's rally on Tuesday. Japan's Nikkei 25 rose for a second day, with retail stocks rising after a travel deal was agreed with China. Australia and Hong Kong remained closed for the Christmas holiday. U.S. equities were boosted Tuesday by a rally in technology shares, with the S&P 500 up more than 1% amid thin trading. Equity investors are pinning their hopes on what is known as the "Santa...
Japanese stocks fell after the close on Wednesday, as losses in the Communications, Warehousing and Precision Instruments sectors led shares lower. At the close in Tokyo, the Nikkei 225 was down 0.32%. The best performers of the session on the Nikkei 225 were Nissan Motor Co., Ltd. (TYO:7201), which rose 8.66% or 41.30 points to trade at 518.30 at the close. Meanwhile, Toyota Motor Corp. (TYO:7203) gained 4.57% or 129.50 points to close at 2,964.50 and Kawasaki Heavy Industries, Ltd. (TYO:7012) gained 4.28% or 291.00 points to 7,089.00 in late trade. The worst performers on the session...
The Topix fell 0.5% to 2,714.12 as of 9:28 a.m. in Tokyo. The Nikkei was little changed at 39,033.72. Japan's Topix fell as automakers and banks weighed on the benchmark index amid holiday constraints. Toyota Motor contributed the most to the Topix decline, dropping 1.4%. Of the 2,125 stocks in the index, 689 rose and 1,247 fell, while 189 were unchanged. "There are almost no market players, so it's unlikely the market will show any direction," said Mitsushige Akino, president of Ichiyoshi Asset Management. "There's a reversal in the market, and industrial types that have performed well...
Stocks jumped Tuesday on Christmas Eve as the market pulled off back-to-back gains in the holiday week. The S&P 500 added 1.1% to 6,040.04, and the Dow Jones Industrial Average gained 390.08 points, or 0.91%, to 43,297.03. The Nasdaq Composite climbed 1.35% to 20,031.13, helped by a 7.4% jump in Tesla shares. Amazon and Meta Platforms gained more than 1% each. The New York Stock Exchange closed early at 1 p.m. ET for Christmas Eve, while the bond market closes at 2 p.m. The market is also shut on Wednesday for Christmas Day. Tuesday marked the start of the seasonal Santa Claus rally,...