Tag Archives: Stocks

Key points Asia stocks soared to a 27-month high on Thursday, driven by softer U.S. economic data that increased the likelihood of a September rate cut. This development boosted bonds and commodities while dragging down the dollar. A holiday in the United States led to thin trading as investors awaited the outcome of the UKContinue Reading

Nasdaq composite reaches a record high driven by AI advancements. Markets focus on insights from the upcoming earnings season.

Japan’s Nikkei share average rose by 0.81% on Wednesday to reach 40,398.35 as of 0142 GMT, continuing the momentum from its 0.38% higher opening.

Key points: The stock market experienced gains on Monday, driven by strong performances from Apple and Tesla. Despite light pre-holiday trading, the Dow, S&P 500, and Nasdaq all saw positive movement. Investors are eagerly awaiting labour market data later this week to gain insights into the interest rate outlook. Tech stocks boost Nasdaq as TeslaContinue Reading

Key points: Global stock indexes edged higher on Thursday, while U.S. Treasury yields dipped slightly after a series of U.S. economic reports suggested slowing momentum. Traders are eagerly awaiting Friday’s U.S. personal consumption expenditures (PCE) data, the Federal Reserve’s preferred inflation measure, which could clarify the U.S. interest rate outlook. Mixed job market signals influenceContinue Reading

Key points:  The latest financial results of Nike (Symbol: NKE) revealed a challenging quarter marked by a decline in revenue and significant drops in sales within its key North American footwear market. The stock price fell 5.5% in post-market trading, reaching $89.00 per share, and has declined 14% since the beginning of the year. ThisContinue Reading

Key points: Japan’s Nikkei share average fell on Thursday, reversing much of its gains from the previous session. This drop comes as the yen’s slide past the closely watched 160 per dollar level put traders on high alert for potential intervention. The Nikkei closed down 0.82% at 39,341.54. Tech shares drag down Topix after U.S.Continue Reading

Key points Global stock indexes mostly climbed on Tuesday, with shares of AI chipmaker Nvidia bouncing after a three-day sell-off, while the dollar gained slightly against the Japanese yen. Nvidia’s stock (NVDA) ended up 6.8%. The Nasdaq jumped more than 1%, also ending a three-day losing streak, while the S&P 500 technology (S5INFT) and communicationContinue Reading

Key points: Japan’s Nikkei share average closed on Tuesday at its highest level in more than two months, marking a significant rally to 39,173.15, a 0.95% increase. The broader Topix climbed 1.72% to 2,787.37. This upswing reflects a shift in investor focus towards value stocks, moving away from semiconductor and other high-tech shares. The rallyContinue Reading

Key points: Japan’s Nikkei share average ended higher on Wednesday, following an overnight rally in Wall Street’s semiconductor stocks. Nvidia’s impressive performance helped push Japan’s technology shares upward in the morning. Nvidia, which surpassed Microsoft to become the world’s most valuable company overnight, had a observable impact. The Philadelphia Semiconductor Index also climbed over 1%,Continue Reading