Tokyo: The optimism stemming from Wall Street's gains propelled Japan's Nikkei index higher, putting it on track for its third consecutive weekly gain. According to Yemen News Agency, the Nikkei 225 index rose 0.9% on Friday to 50,610.04 points, heading for a 0.2% weekly gain. The broader Topix index climbed 1.6% after reaching a record high of 3,420.57 during the day. The S and P 500 and Dow Jones indexes closed at record highs in New York overnight following the Federal Reserve's monetary policy update, which was less dovish.
Related Articles
European Stocks Decline Due to Tech Stock Slump
Al-bayda: European stocks fell to their lowest levels in two weeks on Wednesday, as persistently high stock valuations continue to worry investors globally, while Novo Nordisk’s stock declined after the pharmaceutical company issued negative forecasts…
Muscat Stock Exchange Index Dips Below 8,000 Points Amid Geopolitical Tensions
Muscat: The Muscat Stock Exchange’s main index fell below the 8,000-point mark at the close of trading last week, settling at 7,959 points on Thursday, its lowest level in two months. This reversed the gains it had been making since March 25, when it …
U.S. Stocks Decline After President’s Social Media Post
New york: Major U.S. stock indexes experienced a decline on Friday following a post by U.S. President Trump on Truth Social. The President indicated that he might cancel an upcoming meeting with Chinese President Xi Jinping and was contemplating a “ma…