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Key points: Japan’s Nikkei closes 0.23% higher, influenced by Nvidia’s strong performance. Profit-taking in the afternoon curbed further gains despite positive sentiment. Japan’s Nikkei share average ended higher on Wednesday, following an overnight rally in Wall Street’s semiconductor stocks. Nvidia’s …
Key points: The Nikkei rose 1% to 38,482.11. The broader Topix ended 0.58% higher at 2,715.76. Tokyo Electron rose 2.7%, while TDK jumped 6.32%. Japan’s Nikkei share average saw a recovery on Tuesday, rising 1% to 38,482.11 as investors took …
Key points: Stock price of Nvidia appreciated over 140% in 2024, crossing a $3 trillion market cap. The price movement is displaying the pattern of a “bubble-ish territory” This article is a follow-up to: Nvidia soars to record highs Nvidia …
Key points: The US Federal Reserve maintains its benchmark interest rate at 5.50%. Fed officials project fewer rate cuts, with only one expected this year. Major stock indexes rose sharply following a lower inflation rate in May. The US stock …
Key points: Nikkei fell 0.12% by midday, after earlier gains BOJ expected to keep interest rates steady and consider balance sheet reduction Japan’s Nikkei index reversed its early gains on Thursday, ending the morning session down 0.12% to 38,831.36. This …
Key points: KOSPI rises as foreigners become net buyers Korean won strengthens against the dollar South Korea’s benchmark bond yield falls South Korean shares saw a strong rise of more than 1% on Thursday, following a rally on Wall Street. …
Key points: US nonfarm payrolls exceed expectations with 272,000 new jobs in May. Strong job gains complicate the trajectory of the anticipated rate cut by the Federal Reserve. A high interest rate prospects boost the US dollar and impact gold …
Key Points: Nvidia surpasses Amazon and Apple to become the second-largest US company. Shares of Nvidia close at a record $1,224.40, bringing the company to a market cap of $3.01 trillion. Elon Musk orders thousands of AI chips from Nvidia, …
Key points: ISM services report shows higher business activity and faster new orders growth. The US dollar sees a slight recovery but remains under pressure ahead of Friday’s NFP report The latest Institute for Supply Management (ISM) services report revealed …
Key points: S&P 500 and Nasdaq indexes hit record closing highs, driven by technology stocks. Private payrolls data shows slowdown in May, indicating potential for Fed rate cuts. On Wednesday, the S&P 500 and Nasdaq indexes soared to record closing …
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