Oil prices meandered on Friday as investors pondered slowing demand forecast by an influential group and weak U.S. retail sales data that sparked optimism about U.S. interest rate cuts.
Nikkei charges toward all-time high, dollar under pressure
Nikkei surged 1.4% to 38,678 points, just within a whisker of the all-time high of 38,957 points hit in 1989 that marked the peak of Japan’s so called “bubble economy.”
Nikkei jumps to fresh 34-year high, closes in on all-time peak
Japan’s benchmark Nikkei got off to a roaring start on Friday, opening the morning session at its highest since Japan’s economic bubble burst in the late 1980s.
Taking Stock: Market extends gains for 3rd day; Nifty above 21,900, Sensex up 228 points
The Nifty Bank index recovered from the day#39;s low of 45,590.20 to end 0.7 percent higher at 46,218.90.Sensex, Nifty extend gains on firm global cues; hunt on for next trigger
Broader markets outperform the benchmarks. Nifty midcap 100 and smallcap 100 indices gain a percent eachMid-day Mood | Sensex, Nifty trim opening gains as RIL, banks see selling pressure
While the benchmark indices erased early gains, the broader market remained resilient. The market breadth also heavily titled in favour of gainers as two stocks rose for each one that fell.Chip giant TSMC helps power Taiwan’s stock index to record high
Market-heavyweight Taiwan Semiconductor Manufacturing Company spiked as much as 9.8 percent in the morning session — the biggest intraday rise since summer 2020, according to Bloomberg News.
Berkshire trims Apple, sheds four stocks, mum on new investment
In a regulatory filing describing its U.S.-listed stock holdings at the end of 2023, Berkshire said it sold 10 million Apple shares in the fourth quarter, but still owned more than 905 million shares worth about $174 billion.
Asian stocks rise, dollar eases as markets weigh US rate outlook
Asian stocks rose on Thursday, with the Nikkei breaching a new 34-year peak, while the dollar took a breather near a three-month high as markets assess when the Federal Reserve is likely to start its easing cycle after a run of strong economic data.
Taking Stock: Market makes a smart recovery, Sensex up 278 points, Nifty above 21,800
The Sensex recovered 1, 023 points from the day#39;s low to close 0.39 percent higher, the Nifty ended 0.4 percent higher after recovering 310 points