44 minutes ago Nikkei 225 briefly hits its 33-year high, its highest level since May 1990 Japan’s Nikkei 225 briefly touched its 33-year high on Monday morning, while the benchmark Nikkei 225 hit a high of 33,848.98 intraday. This surpassed the previous high of 33,753 on March 7 and is the highest since May 1990. … [Read more…]
An hour ago Biggest risers: Siemens Energy rises 7%, Alstom falls 10% Siemens Energy shares rose more than 7% in early trading after the company secured 7.5 billion euros ($8.15). billion) in project-related state guarantees from the federal government. The German economy ministry said late Tuesday that it had granted the backstop as part of … [Read more…]
(Bloomberg) — The final week of 2023 is expected to be much quieter on Wall Street after a sharp rally that brought the U.S. stock market within striking distance of its record. Most read by Bloomberg Stocks edged higher on light volume, tracking the S&P 500’s longest weekly rise since 2017. The Federal Reserve’s dovish … [Read more…]
Asian markets showed steady holiday-curtailed trading on Tuesday, with some markets in the region closed for holidays. US futures and oil prices rose slightly. Shanghai’s benchmark led to losses in Asia on strong selling in technology and computer chip-related stocks as worries about trade tensions with the U.S. and other Western countries resurfaced. The Shanghai … [Read more…]
29 minutes ago Japan’s unemployment rate remains unchanged in November Japan’s unemployment rate remained unchanged at 2.5% in November from the previous month, according to government data on Tuesday. The unemployment rate was also in line with the Portal survey forecast of 2.5%. Separately, Bank of Japan data showed the services producer price index rose … [Read more…]