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.



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