EUROPE BEFORE THE BELL: FUTURES WOBBLE BEFORE PAYROLLSEuropean equity futures are soft on Thursday as weakness in the global technology hardware space saps global sentiment.The tech-heavy Nasdaq NASDAQ:NDX shed 1.5% on Wednesday, led lower by a sharp 6.3% decline in an index of semiconductor stocks…
The Nikkei 225 Index decreased 1307 points or 1.85 percent on Thursday to close at 69168 points.The decline was led by Mitsui Mining & Smelting (-10.91%), Taiyo Yuden (-10.40%) and Takara (-9.57%).
Overseas investors sold Japanese stocks at the fastest weekly pace in about three months in the week ended June 27, taking profits from technology shares amid stretched valuations after a blistering run-up last quarter.There has also been mounting unease over AI spending funded through debt.Non-nat…
Asian equity markets declined on Thursday, tracking a technology-led selloff on Wall Street overnight amid lingering concerns about the sustainability of the AI-driven rally.South Korea’s KOSPI Composite, widely viewed as a barometer for the AI sector, tumbled nearly 5%, while Japan’s Nikkei 225 lo…
CANBERA (dpa-AFX) - Asian markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, as tumbling crude oil prices and AI-related concerns triggered a sharp sell-off in energy and technology stocks, respectively. Markets also cheered positive comments from…
By Stella QiuAsian shares skidded on Thursday as investors rotated out of chipmakers following a stellar quarter, while currency and bond markets braced for U.S. jobs data that could gives hints about the risk of interest rate hikes.Oil prices hit new four-month lows, with Brent crude ICEEUR:BRN1…
By Junko FujitaJapan's Nikkei share average fell on Thursday, dragged lower by AI-related heavyweights following an overnight tech selloff on Wall Street, although losses were limited as investors scooped up beaten-down stocks.The Nikkei TVC:NI225 was down 0.99% at 69,779.01, as of 0156 GMT, after…
TOKYO (dpa-AFX) - The Japanese market is trading sharply lower on Thursday, snapping the three-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 69,500 level, with weakness in technology stocks partially offset by gains…
The Nikkei 225 Index fell 2% to around 69,000 on Thursday, snapping a three-day winning streak as it tracked a tech-driven selloff on Wall Street overnight amid lingering concerns over the sustainability of the AI-fueled rally.Chip- and AI-related stocks led the decline, with steep losses from Kiox…
The Nikkei Stock Average fell 1.8% to 69202.93 on possible profit-taking following three straight sessions of gains on the benchmark index. Domestic technology shares were also weighed by Wednesday's pullback in shares of chip makers on the Nasdaq Composite. The main theme has been a rotation out o…
Japanese stocks may fall on possible profit-taking following three straight sessions of gains on the benchmark index. Domestic technology names may also be weighed by Wednesday's pullback in shares of chip makers on the Nasdaq Composite. Nikkei futures opened 965 points lower at 69700 on the SGX. T…
TOKYO (dpa-AFX) - The Japan stock market has moved higher in three straight sessions, collecting more than 1,100 points or 1.7 percent along the way. The Nikkei 225 now sits just above the 70,450-point plateau although investors may lock in gains on Thursday.The global forecast for the Asian market…
By Rodrigo Campos and Danilo MasoniA gauge of stock markets around the world edged lower to start the quarter on Wednesday as the U.S. central bank head said inflation expectations have fallen but policy won't be loose, while oil prices fell as optimism over U.S.-Iran talks eased supply concerns.Tr…
By Rodrigo Campos and Danilo MasoniA gauge of stock markets around the world was little changed to start the quarter on Wednesday as the U.S. central bank head said inflation expectations have fallen but policy won't be loose, while crude oil prices were down as optimism over U.S.-Iran talks eased…
By Rodrigo Campos and Danilo MasoniA gauge of stock markets around the world edged up on Wednesday as the U.S. central bank head said inflation expectations have fallen, while crude oil prices were down as optimism over U.S.-Iran talks eased supply concerns.Traders also watched for possible Japanes…
By Danilo MasoniWorld stocks edged lower on the first day of the third quarter on Wednesday after a strong rally, as investors awaited remarks from Fed Chair Kevin Warsh, while softer euro zone inflation cooled bets on further interest rate hikes.Oil prices stayed near pre-war levels as investors w…
CITI SEES NIKKEI HITTING 90,000Japanese equities had a strong month and a very strong second quarter and analysts at Citi believe there's more to come.The Nikkei 225 TVC:NI225 was up almost 6% last month, a decent month but an unremarkable rise compared to what went on before.The index rose 37% ove…
“The dollar is squeezing higher, the yen is sliding without Tokyo’s usual bark, gold is cracking under the weight of higher-rate risk, and the UK’s latest ‘black hole’ story looks more political theatre than fiscal earthquake,” said Patrick Munnelly, market strategy partner at TickMill.Brent crude…
By Danilo Masoni and Wayne ColeWorld shares started the third quarter cautiously on Wednesday ahead of key U.S. jobs data, as uncertainty over U.S.-Iran negotiations weighed and traders watched for possible Japanese intervention after the yen hit fresh 40-year lows.The MSCI World Price Index < .MIW…
On a recent walk along the waterfront near my home, I noticed a yacht in the marina with the name "Leverage," a not-so-subtle reminder that many fortunes are built on borrowed money, labor and technology.It is not always a one-way ticket to success though. Investors use leverage to amplify returns…
