Tokyo’s Nikkei Index Hits Near Five-month Low

Tokyo’s benchmark Nikkei index hit a near five-month low Monday on a strong yen, with steelmakers and other exporters falling amid lingering worries of a trade war.

The benchmark Nikkei 225 index slipped 0.66 percent or 139.55 points to 21,042.09, the lowest since mid-October. The broader Topix index was down 0.79 percent or 13.55 points at 1,694.79.

Source : AFP

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Nasdaq Composite Index Poised For Best Week Since 2014

The Nasdaq Composite Index rose for a fifth straight session on Thursday, putting the tech-heavy index on track for its biggest one-week percentage gain in more than three years. The Nasdaq is up 4.3% thus far this week, which represents its best week since October 2014.

The index has been supported by a broad recovery in the U.S. equity market, which has rebounded from recent concerns over inflation. Company news, such as strong results at Cisco Systems Inc. a large weight in the index, have also supported gains.

The index rose 0.4% on Thursday, while the Dow Jones Industrial Average was up 0.6% and the S&P 500 added 0.4%. The Dow is up 3.5% thus far this week while the S&P is up 3.4%. Both are poised for their biggest weekly percentage gain since November 2016.

Source : Marketwatch

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China Stocks Climb, H-Share Index Rises First Time in Seven Days

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Chinese and Hong Kong equities lead gains in Asia, with the H-share index heading for its biggest advance since the start of the year amid a rebound in global markets.

Hang Seng China Enterprises Index +2.6% as of 10:30am in Hong Kong, poised for best day since Jan. 2 and first advance in seven sessions. Hang Seng Index climbs 2.1%. Shanghai Composite Index +1.7%, building on 0.8% rise Monday.

Source : Bloomberg

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