Tokyo, (APP – UrduPoint \/ Pakistan Point News – 27th Nov, 2023) Tokyo stocks started higher on Monday supported by gains in US blue chips.<\/p>\n
The benchmark Nikkei 225 index was up 0.21 percent, or 70.07 points, at 33,695.60 in early trade, while the broader Topix index added 0.13 percent, or 3.13 points, to 2,394.07.<\/p>\n
“The Japanese market is expected to start with gains as the US Dow extended gains,” senior market analyst Toshiyuki Kanayama of brokerage Monex said.<\/p>\n
US markets closed early on “Black Friday,” the Friday after the Thanksgiving holiday when retailers often offer major discounts.<\/p>\n
The Dow Jones Industrial Average rose 0.3 percent to 35,390.15, the broad-based S&P 500 edged up 0.<\/p>\n
1 percent, while the tech-heavy Nasdaq ticked down 0.1 percent.<\/p>\n
“As we transition into the last month of 2023, December, the upcoming week holds several key reports,” said Stephen Innes at SPI Asset Management.<\/p>\n
“Early in the week, reports on Black Friday and Cyber Monday sales are expected, offering insights into consumer spending during the holiday shopping season,” he said.<\/p>\n
Other US data include a fresh “October PCE (Personal Consumption Expenditures) Inflation report” which “is a significant indicator closely watched by the Federal Reserve for assessing inflation trends,” he added.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tokyo, (APP – UrduPoint \/ Pakistan Point News – 27th Nov, 2023) Tokyo stocks started higher on Monday supported by gains in US blue chips. The benchmark Nikkei 225 index was up 0.21 percent, or 70.07 points, at 33,695.60 in early trade, while the broader…<\/p>\n","protected":false},"featured_media":29303,"menu_order":0,"template":"","acf":[],"yoast_head":"\n