Japan Stock Market May Extend Losing Streak

RTTNews | 226 일 전

(RTTNews) - The Japanese stock market has finished lower in back-to-back sessions, sinking almost 400 points or 1 percent in that span. The Nikkei 225 now rests just above the 39,560-point plateau and it may take further damage again on Tuesday. The global forecast for the Asian markets is weak, with oil and technology stocks expected to lead the way lower. The European and U.S. markets were mostly lower and the Asian bourses figure to follow suit. The Nikkei finished modestly lower on Monday following losses from the technology stocks, gains from the automobile producers and a mixed performance from the financial sector. For the day, the index slumped 366.18 points or 0.92 percent to finish at 39,565.80 after trading between 39,520.79 and 40,255.68. Among the actives, Nissan Motor perked 0.26 percent, while Mazda Motor spiked 2.09 percent, Toyota Motor accelerated 1.37 percent, Honda Motor climbed 1.05 percent, Softbank Group plummeted 8.32 percent, Mitsubishi UFJ Financial collected 0.73 percent, Mizuho Financial jumped 1.58 percent, Sumitomo Mitsui Financial rallied 1.55 percent, Mitsubishi Electric slumped 1.22 percent, Sony Group rose 0.31 percent, Panasonic Holdings fell 0.36 percent and Hitachi stumbled 3.82 percent.

The lead from Wall Street is pretty awful as the major averages opened under water on Monday. The Dow managed to climb into positive territory, but the NASDAQ and S&P 500 finished with heavy losses.

The Dow advanced 289.33 points or 0.65 percent to finish at 44,713.58, while the NASDAQ plummeted 612.47 points or 3.07 percent to close at 19,341.83 and the S&P 500 sank 88.96 points or 1.46 percent to end at 6,012.28.

The sell-off On Wall Street came amid substantial weakness among technology stocks, with AI darling and sector leader Nvidia (NVDA) leading the way lower. The plunge by Nvidia comes after Chinese startup DeepSeek's AI Assistant overtook rival ChatGPT to become the top-rated free application available on Apple's App Store in the United States.

Concerns about the outlook for interest rates also weighed on Wall Street ahead of the Federal Reserve's monetary policy meeting this week.

While the Fed is almost universally expected to leave interest rates unchanged, traders are likely to pay close attention to the accompanying statement for clues about the outlook for rates. Recent economic data has led to concerns about the Fed leaving rates on hold for a prolonged period.

Oil prices fell sharply on Monday amid concerns about tariff threats and uncertainty about U.S. trade policy. Also, weak manufacturing data from China has raised concerns about the outlook for demand. West Texas Intermediate Crude oil futures for March closed down $1.49 or 2 percent at $73.17 a barrel. Closer to home, Japan will see December data for producer prices later this morning. Producer prices are expected to rise 2.1 percent on year, up from 3.0 percent in the previous month.

Swiss Market Ends Moderately Lower

After a brief spell in positive territory early on in the session on Wednesday, the Switzerland market turned a bit easy and moved along the flat line till around mid afternoon before losing ground to eventually close on a negative note.

RTTNews | 1 시간 58 분 전

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Wednesday as investors digested data showing a modest drop in U.S. producer prices in the month of August, and continued to assess the developments on the trade front. Some of the major markets started off on a firm note, but failed to sustain at higher levels.

RTTNews | 2 시간 28 분 전

U.S. Wholesale Inventories Inch Up 0.1% In July, Slightly Less Than Expected

Wholesale inventories in the U.S. increased slightly less than expected in the month of July, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories crept up by 0.1 percent in July after rising by an upwardly revised 0.2 percent in June.

RTTNews | 5 시간 41 분 전

U.S. Producer Prices Unexpectedly Edge Slightly Lower In August

Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by U.S. producer prices in month of August. The Labor Department said its producer price index for final demand edged down by 0.1 percent in August after climbing by a downwardly revised 0.7 percent in July.

RTTNews | 6 시간 3 분 전

U.S. Producer Prices Unexpectedly Edge Down 0.1% In August

Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by producer prices in the U.S. in the month of August.

RTTNews | 7 시간 22 분 전

Bay Street Seen Opening Higher

Canadian stocks are likely to open higher on Wednesday, tracking firm oil and metal prices. The mood may change a bit cautious at higher levels with investors looking ahead to the crucial U.S. inflation data, due later in the week.

RTTNews | 7 시간 31 분 전

Major European Markets In Positive Territory In Cautious Trade

The major European markets are up in positive territory on Wednesday with investors picking up stocks amid continued optimism about a sharp rate cut by the Federal Reserve following recent weak labor market data. Easing concerns on the trade front also contribute to the positive sentiment in the markets.

RTTNews | 8 시간 5 분 전

Sensex, Nifty Close On Firm Note Again

Indian stocks closed on a positive note on Wednesday, extending previous session's gains, amid expectations of further reduction in GST rates, and hopes of a larger than expected interest rate cut by the Federal Reserve.

RTTNews | 8 시간 54 분 전

EURUSD	1.17004	GBPUSD	1.35305	AUDUSD	0.66165
USDJPY	147.412	USDCAD	1.38638	USDCHF	0.79916