Japan&#x27s Nikkei 225 index hits fresh new record high China trade data awaited

Japan&#x27s Nikkei 225 index hits fresh new record high China trade data awaited


Personnel perform at the Tokyo Stock Trade (TSE), operated by Japan Trade Team Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024.

Bloomberg | Bloomberg | Getty Photographs

Japan’s Nikkei 225 index hit a fresh history high Thursday, with traders awaiting trade information from Australia and China.

The Nikkei 225 opened .8% larger, breaching its prior file of 40,314.64. The broader Topix obtained .6%, also hitting a file large.

This also follows reviews from U.S. Federal Reserve chair Jerome Powell, who reiterated his stance that although the central financial institution could get started chopping rates, it was “not promptly all set.”

In Australia, the S&P/ASX 200 rose .26%, also hitting a file significant.

South Korea’s Kospi rose .42%, even though the Kosdaq inched .1% higher.

Futures for Hong Kong’s Hang Seng index stood at 16,565, greater than the HSI’s near of 16,438.09 and on pace to increase gains on Wednesday following it rose virtually 2%.

Overnight in the U.S., all three key indexes regained floor following two straight times of declines, whilst some names like Apple, Alphabet and Disney sat out of the rally.

The S&P 500 added .51%, though the Nasdaq Composite gained .58%. The Dow Jones Industrial Average traded larger by .2%, although the blue-chip average was weighed down by a drop of a lot more than 2% in Disney.

— CNBC’s Lisa Kailai Han and Alex Harring contributed to this report.



Supply

These companies have a track record of stock buybacks and are winners amid volatility, says Wolfe Research
World

These companies have a track record of stock buybacks and are winners amid volatility, says Wolfe Research

As markets remain jittery amid still-shifting trade policy and geopolitical concerns, Wolfe Research is eyeing companies that steadily repurchase their own stock as a way to ride out the volatility. Wolfe’s consistent buyback basket screens for companies that have such a track record of stock repurchases that their share counts have fallen for at least […]

Read More
Goldman’s advice on playing autonomous vehicles as catalysts approach this year
World

Goldman’s advice on playing autonomous vehicles as catalysts approach this year

With the autonomous vehicle (AV) industry poised to grow in coming years, several stocks could be a way to play the trend, according to Goldman Sachs. “Autonomous vehicles have arrived for both rideshare and trucking,” analyst Mark Delaney wrote in a note on Monday. “The key focus for investors is now on the pace at […]

Read More
AI is disrupting the advertising business in a big way — industry leaders explain how
World

AI is disrupting the advertising business in a big way — industry leaders explain how

An AI assistant on display at Mobile World Congress 2024 in Barcelona. Angel Garcia | Bloomberg | Getty Images Artificial intelligence is shaking up the advertising business and “unnerving” investors, one industry leader told CNBC. “I think this AI disruption … unnerving investors in every industry, and it’s totally disrupting our business,” Mark Read, the […]

Read More