Japanese stocks close lower, US stocks lower

The Japanese Nikkei Index closed lower on Wednesday, hitting an overnight decline in key US indices, but limited its losses as some investors took lower stocks.

The Nikkei ended 0.26% lower at 26677.80 points. The broader Topics Index fell 0.09% to 1876.58 points.

The American Standard & Poor’s 500 and Nasdaq indices closed last night

“We do not see any signs of market action and investors are cautious about placing their bets ahead of the upcoming US Federal Open Market Committee meeting. But local stocks have plummeted to the point where investors are buying cheaply.

Analysts in the Reuters poll expect the Nikkei to rise more than 7% to 29,000 points by the end of 2022, which was not achieved until early January. The index has seen sharp fluctuations over the past year.

Shares of Recruit Holdings fell 3.31%, while Nikkei was the biggest loser, and shares of SoftBank Group fell 1.71%.

Shares of game maker Nintendo fell 4.25%. But Toshiba’s stock rose 2.41% after reports that Japan Investments, a state – backed fund, was considering acquiring the Japanese company.

See also  Saudi Arabia invests in new electric car company.. What are the details? By Investing.com
  • Nadia Barnett

    "Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

    Related Posts

    • Economy
    • November 2, 2024
    • 22 views
    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    The wealth management landscape is undergoing a dramatic transformation, fueled by the rise of financial technology (fintech), according to fintech entrepreneur Emils Kerimovs. No longer exclusive to the ultra-wealthy, innovative…

    UAE Powering Gaming Boom in the Middle East

    The gaming industry in the Middle East is experiencing a growth spurt, with Saudi Arabia and the United Arab Emirates (UAE) among the countries attracting major investments. However, this digital…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    How to Choose the Right Mattress: Find the Best Fit for You

    How to Choose the Right Mattress: Find the Best Fit for You

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Where to Get a Professional Massage in Dubai

    Where to Get a Professional Massage in Dubai

    Dog Spay Surgery 101: Benefits, Risks, Cost, and Aftercare

    Dog Spay Surgery 101: Benefits, Risks, Cost, and Aftercare