Nikkei Rises 1.3%, Led by Chip Stocks
Japanese stocks rose in early trade, with Kioxia up 4.2% and Advantest up 2.4%.
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Japanese stocks rose in early trade, with Kioxia up 4.2% and Advantest up 2.4%.
U.S. stocks diverged by midday Thursday: the Dow gained about 459 points to 52,080, while the Nasdaq 100 fell 0.6% to about 29,783. The report cited hot inflation and rate-hike fears alongside a sell-off in chip and AI-hardware stocks.
Japanese stocks are higher after oil prices fell overnight, easing concerns about rising inflation and fast-paced rate increases by global central banks. Chip-related, banking and metals stocks are leading gains. Tokyo Electron Ltd. is up 3.6%, SoftBank Group is 3.8% higher, Mizuho Financial Group…
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.
Japanese stocks are higher after U.S. stocks gained on Friday following the easing of the selloff in U.S. Treasurys. Chip-related stocks are leading gains. Advantest is up 3.3%, SoftBank Group is 2.5% higher and Screen Holdings is up 4.3%. The dollar is at 157.58 yen, down from Y158.15 as of Friday…
Japanese stocks are higher on their first day of trading this week. Chip-related stocks are leading gains following public holidays in Japan from Monday through Wednesday. Ibiden is up 14%, SoftBank Group is up 7.0%, and Kioxia Holdings is 3.7% higher. The dollar is at 158.21 yen, compared with Y15…