Japan Stock Market May Challenge Resistance At 40,000 Points

RTTNews | 7 dni temu

(RTTNews) - The Japanese stock market has moved higher in three straight sessions, advancing more than 675 points or 1.7 percent along the way. The Nikkei 225 now sits just above the 39,460-point plateau and it's expected to extend its gains again on Friday.

The global forecast for the Asian markets is upbeat on easing concerns over the outlook for interest rates. The European and U.S. markets were mostly in the green and the Asian bourses are expected to open in similar fashion.

The Nikkei finished sharply higher on Thursday as the financial shares, technology stocks and automobile producers were mostly higher.

For the day, the index surged 497.77 points or 1.28 percent to finish at 39,461.47 after trading between 39,112.17 and 39,581.47.

Among the actives, Nissan Motor fell 0.34 percent, while Mazda Motor rallied 2.63 percent, Toyota Motor advanced 0.91 percent, Honda Motor accelerated 2.14 percent, Softbank Group plunged 3.57 percent, Mitsubishi UFJ Financial jumped 1.86 percent, Mizuho Financial soared 2.66 percent, Sumitomo Mitsui Financial strengthened 1.42 percent, Mitsubishi Electric perked 0.02 percent, Sony Group climbed 1.13 percent, Panasonic Holdings eased 0.05 percent and Hitachi gained 2.73 percent.

The lead from Wall Street is strong as the major averages opened slightly higher on Thursday but only continued to strengthen as the day progressed, ending near session highs.

The Dow jumped 342.87 points or 0.77 percent to finish at 44,711.43, while the NASDAQ surged 295.69 points or 1.50 percent to close at 19,945.64 and the S&P 500 rallied 63.10 points or 1.04 percent to end at 6,115.07.

The rally on Wall Street came after the Labor Department released its report on producer price inflation in January. While the headline number rose by more than expected, components of the Federal Reserve's preferred inflation reading were relatively tame.

The data helped to ease concerns about the outlook for interest rates after Wednesday's consumer price numbers came in hitter than expected.

A separate report from the Labor Department showed first-time claims for U.S. unemployment benefits fell by slightly more than expected last week.

Canadian Market Remains In Negative Territory, Looks Headed For Another Weak Close

The Canadian market remains firmly down in negative territory, led by losses in technology, industrials and real estate sectors. Gains in healthcare and materials sectors help limit market's downside.

RTTNews | 5g 46 minut temu

U.S. Dollar Declines After Higher Jobless Claims

The U.S. dollar weakened against its major counterparts in the New York session on Thursday, following the release of higher-than-expected initial jobless claims for the week ended February 15.

RTTNews | 6g 31 minut temu

Swiss Market Ends Slightly Higher

The Switzerland market closed slightly up on Thursday after a choppy session, as investors largely stayed cautious amid concerns about U.S. President Donald Trump's tariff threats, and geopolitical tensions.

RTTNews | 6g 31 minut temu

European Stocks Close Weak As Investors React To Earnings, Economic Data

European stocks closed weak on Thursday with quarterly earnings updates influencing investors' moves. Worries about a trade war following U.S. President Donald Trump's persistent threats that his administration will levy 25% tariffs on several goods imported into America, and lingering geopolitical tensions rendered the mood cautious.

RTTNews | 6g 53 minut temu

U.S. Leading Economic Index Unexpectedly Decreases In January

Reversing most of the gains from the previous two months, the Conference Board released a report on Thursday showing an unexpected decrease by its reading on leading U.S. economic indicators in the month of January. The Conference Board said its leading economic index fell by 0.3 percent in January following a revised 0.1 percent uptick in December.

RTTNews | 9g 1 minut temu

Euro Area Consumer Confidence Improves More Than Expected To Highest In 4 Months

Eurozone consumer confidence strengthened for a second straight month and at a faster than expected pace to its highest level in four months in February, suggesting that pessimism among households in the single currency bloc is easing despite the increasing threat of a tariff war with the U.S.

RTTNews | 9g 41 minut temu

Philly Fed Index Pulls Back Sharply But Still Indicates Growth In February

Philadelphia-area manufacturing activity continued to expand in the month of February, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday, although the index of activity in the sector pulled back sharply. The Philly Fed said its diffusion index for current general activity plunged to 18.1 in February after skyrocketing to 44.3 in January.

RTTNews | 9g 55 minut temu

U.S. Jobless Claims Rise More Than Expected To 219,000

A report released by the Labor Department showed a modest increase by first-time claims for U.S. unemployment benefits in the week ended February 15th. The Labor Department said initial jobless claims rose to 219,000, an increase of 5,000 from the previous week's revised level of 214,000. Economists had expected jobless claims to inch up to 215,000.

RTTNews | 9g 58 minut temu

EURUSD	1.04968	GBPUSD	1.26652	AUDUSD	0.6401
USDJPY	149.774	USDCAD	1.41761	USDCHF	0.89801