Stocks

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 …

Key points: Nikkei falls 0.45% to 38,749.25 after approaching 39,000 points. Investors take profits after two consecutive days of gains. Japan’s Nikkei share average fell on Tuesday as profit-taking set in after Japanese equities rebounded close to the 39,000-point mark …