Today's stock outlook = one step forward, one step back, supported by the high Dow, continued caution about the strong yen

September 17, 2024, 7:48 AM GMT+9

The Nikkei average stock price is expected to fluctuate one step forward, one step back in the Tokyo stock market today. The speculation about a significant interest rate cut in the USA during the domestic holiday, and the Dow Jones Industrial 30 stocks hitting a record high, may provide support for investor sentiment. However, the dollar/yen briefly fell below 140 yen, suggesting caution about the strong yen is likely to limit upward movements.
The expected range for the Nikkei average is 36,400 yen - 36,800 yen.