The Nikkei 225 fell 0.4% to below 41,700, while the Topix Index dropped 0.6% to 2,960 on Friday, as investors booked profits following a sharp rally that pushed both indexes to new highs. Despite the pullback, both benchmarks remain on track to post weekly gains of over 4%, buoyed by optimism around the recently signed US-Japan trade deal. Under the agreement, Japanese exports to the US will face a 15% tariff, well below the 25% threatened by President Trump earlier this month, easing some trade-related uncertainty. On the economic front, Tokyo's core inflation came in slightly below...
The Nikkei 225 Index dropped 0.5% to below 38,300, while the broader Topix Index lost 0.4% to 2,678 on Wednesday, extending losses from the previous session as the yen continued to strengthen amid speculation that the Bank of Japan may raise interest rates again next month. A stronger yen dampens the profit outlook for Japan's export-driven industries and makes Japanese assets more expensive for foreign investors. Traders are also awaiting the latest Tokyo inflation data, which is seen as a leading indicator for nationwide price trends. Export-heavy auto and consumer stocks led the decline,...
Dow Jones Industrial Average jumping to fresh highs, as investors shook off the threat of new tariffs from President-elect Donald Trump. The blue-chip Dow advanced 123.74 points, or 0.28%, to close at 44,860.31, reversing course after dropping more than 300 points at session lows. The S&P 500 added 0.57% to 6,021.63. Both the Dow and S&P 500 notched new intraday and closing records. The Nasdaq Composite jumped 0.63% to 19,174.30. Trump on Monday night called for a 25% tariff on products from Mexico and Canada, as well as an additional 10% levy on Chinese goods. He has already said...
European stock markets closed lower in Tuesday trading as the Stoxx Europe was down 0.57%, Germany's DAX dropped 0.56%, the FTSE in London fell 0.40%, France's CAC lost 0.87%, and the Swiss Market Index closed 0.39% lower. The European Union has agreed to new carbon market rules and new climate finance goal, the EU announced on Saturday. The deal is intended to provide for more countries to contribute finance based on their growing emissions and economic weight. And in corporate news, Luxembourg-based steel producer ArcelorMittal (MT) said Tuesday that it is slowing its carbon reduction...
The benchmark S&P 500 and the Nasdaq opened higher on Tuesday, with investors assessing Donald Trump's tariff pledges on top trade partners of the U.S. and awaiting minutes from the Federal Reserve's latest meeting. The Dow Jones Industrial Average (.DJI), fell 121.7 points, or 0.27%, at the open to 44,614.89. The S&P 500 (.SPX), rose 12.7 points, or 0.21%, at the open to 6,000.03, while the Nasdaq Composite (.IXIC), rose 54.2 points, or 0.28%, to 19,109.082 at the opening bell. Source : Reuters
The best performers of the session on the Nikkei 225 were Kao Corp. (TYO:4452), which rose 4.13% or 260.00 points to trade at 6,562.00 at the close. Meanwhile, M3 Inc (TYO:2413) added 4.05% or 57.00 points to end at 1,465.50 and Sapporo Holdings Ltd. (TYO:2501) was up 3.37% or 282.00 points to 8,639.00 in late trade. The worst performers of the session were Fujikura Ltd. (TYO:5803), which fell 6.76% or 381.00 points to trade at 5,259.00 at the close. Lasertec Corp (TYO:6920) declined 5.49% or 970.00 points to end at 16,705.00 and Kawasaki Heavy Industries, Ltd. (TYO:7012) was down 5.39% or...