Tokyo market summary: The Nikkei Average fell, with the yen slightly weaker. Strong US economic indicators have led to a retreat in rate cut expectations.
Hello, MOOMOO users!Good job on the closing bell. Here is today's stock market overview. Thank you. ● The Nikkei Average closed down 102 yen from the previous day at 39,981 yen ● Unexpected increase in US November JOLT job openings, slowing rate of rate cuts factored in ●Tokyo Electron Ltd. Unsponsored ADR - Plus conversion It is reported that a U.S. organization has demanded the suspension of export restrictions on AI-related semiconductors. ●NTT Data Group - Fell The introduction of next-generation batteries as the power source for data centers = Joint Hot Stocks:$NTT Data Group (9613.JP)$、$Isetan Mitsukoshi Holdings (3099.JP)$、$Tokyo Electron (8035.JP)$ - MOOMOO News of individual stocks Japan Stocks Zeber
Market Overview On the 8th, the Nikkei Stock Average closed lower at 39,981.06 yen, down 102.24 yen from the previous day. In the Japanese market, bonds also fell. The yield on new 10-year government bonds, a key indicator of long-term interest rates, hit the highest level in about 13 and a half years. This was due to the U.S. economic indicators exceeding expectations, leading to selling as interest rates rise amid diminishing rate cut expectations. The yen also fell against the dollar to the upper 158 yen range.
Unexpected increase in US November JOLT job openings, factoring in a slowdown in rate cuts. The November JOLT job openings announced by the US Bureau of Labor Statistics increased from 7.839 million in October to 8.098 million, unexpectedly recovering to the 8 million level not seen since May. The increase is believed to be a result of employment growth in the service industry leading up to the year-end holidays.
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.