Tag Archives: Stocks
Japan’s Nikkei rises on weaker yen and tech sector gains
The Nikkei 225 Index rebounded on Tuesday, closing 1.8% higher at 38,062.92, marking its strongest level since August 1. The session saw the index rise more than 2% at one point, driven by a rally in technology shares and a softer yen.
Nikkei continues the rally on strong US retail sales data
The Japanese stock market index, Nikkei share average (Symbol: Nikkei225) climbed close to 3%, setting the stage for its best weekly performance in over four years.
Nikkei rises on strong economic growth and positive U.S. signals
Japan’s Nikkei index showed a strong performance on Thursday, rising by 1% to reach 36,808.75 by midday. This positive movement was largely driven by new data showing that Japan’s economy grew faster than expected in the second quarter, with an annualised growth rate of 3.1%.
Google may break up as the US DOJ weighs options
Explore the potential market impacts of a potential Google breakup as the DOJ considers divesting key assets like Android and Chrome.
Nikkei rises as Japanese yen stabilises, with tech shares leading gains
The Nikkei 225 index (Symbol: Nikkei225) jumped as traders returned from the Obon holiday, driven by a more stable yen and strong gains in tech stocks.
Week ahead: Market recovery or temporary reprieve?
The S&P 500 staged a dramatic comeback, posting its largest gain since 2022 with a 2.3% rise on Thursday. By the end of the week, the index had recovered over 4% from its Monday lows, and the VIX had settled back towards the 20 level, suggesting a return to relative stability.
Airbnb Q2 2024 earnings with EPS miss and revenue beat
Airbnb reports Q2 2024 earnings with an EPS of 86 cents, missing estimates, but beats revenue expectations with $2.75 billion. Read more about the market implications.
Asia stocks rise, yen retreats after BOJ rules out rate hikes
Asian share markets extended their gains on Wednesday, with a notable rise in the Nikkei. This surge followed the Bank of Japan’s unexpected indication that it would not raise interest rates while markets remain volatile, leading to a sharp fall in the yen.
US stock market rebound after major market selloff during recession fears
US stock market rebounds after a steep selloff, driven by recession fears and global market volatility. Notable tech giants like Microsoft and Tesla see major declines.
Strong yen brings down Japan Inc’s high-flying success
In just three trading sessions, the Nikkei share average (NI225) has lost a fifth of its value. On Monday, it tumbled 12.4%, marking its second-largest decline on record and its biggest since the Black Monday crash of October 1987.
