The Wall Street Journal reported overnight, A week-long rally across Asian stocks hit the brakes Thursday, with
investors waiting to see whether the Bank of England’s interest-rate
decision would make or break further equity gains.
Japan’s Nikkei Stock Average remained the biggest outperformer in the region, gaining 0.4% to add to its 7.7% ascent this week. Investors’ hopes for fiscal-stimulus policies helped set the benchmark on track to scoring its best weekly performance so far this year.
The Nikkei 225 hit 16,355.30 as the average remained the biggest winner in the region, gaining 0.4% to add to its 7.7% ascent this week.The Japanese yen gained against the dollar, while the British pound weakened. The former is up by 0.4% at 104.28 per dollar, while the latter is down by 0.4% at 1.3192 reversing a trend where the yen weakened against the greenback, while the pound was stronger.
U.S. gold climbed 0.3 percent at $1,347 an ounce.
Japan’s Nikkei Stock Average remained the biggest outperformer in the region, gaining 0.4% to add to its 7.7% ascent this week. Investors’ hopes for fiscal-stimulus policies helped set the benchmark on track to scoring its best weekly performance so far this year.
The Nikkei 225 hit 16,355.30 as the average remained the biggest winner in the region, gaining 0.4% to add to its 7.7% ascent this week.The Japanese yen gained against the dollar, while the British pound weakened. The former is up by 0.4% at 104.28 per dollar, while the latter is down by 0.4% at 1.3192 reversing a trend where the yen weakened against the greenback, while the pound was stronger.
- Dow: 18,372.12 (+0.1%)
- S&P 500: 2,152.43 (+0.0%)
- Nasdaq: 5,005.73 (-0.3%)
- WTI crude oil: $45.15 (-3.5%)
- 10-year Treasury yield: 1.473 (-2.7%)
U.S. gold climbed 0.3 percent at $1,347 an ounce.
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