Japan’s Nikkei tracks Wall Street rally amid softer yen
==========

Japan’s Nikkei share average rose 1.7% to 38,015.87 on August 20, 2024, following a positive US economic outlook; the broader Topix increased by 1% to 2,668.52; US stocks had their largest weekly gain of the year; Hiroshi Namioka from T&D Asset Management noted reduced recession concerns in the US; 198 of the Nikkei’s 225 constituents gained, with Fast Retailing up 2.7%; the yen traded around 146.64 per dollar; Seven & I Holdings fell 8% after a takeover proposal from Alimentation Couche-Tard.

#Nikkei #WallStreet #Yen #Japan #Economy #Stocks #FastRetailing #UsMarket #Recession #Investments

https://www.brecorder.com/news/40318363/japans-nikkei-tracks-wall-street-rally-amid-softer-yen 

 nostr:note1nwlsm3y42pnzkp85pwvnsl8pwg04qp8f7sx2p2ftevtn7ykx9hxqrnv392