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The Nikkei average rose by 56 yen, rebounding for the first time in three days, and nearly 70% of the Main Board stocks increased in value = Morning session on the 27th.
On the 27th, during the morning session, the Nikkei average stock price rose by 56.59 yen to 38,198.96 yen, rebounding for the first time in three days. The TOPIX (Tokyo Stock Price Index) also increased by 13.23 points to 2,729.63 points. At 10:04 AM, the Nikkei average reached 38,369.96 yen, up by 227.59 yen. This came after NVIDIA, a leading US semiconductor company, announced its financial results for the fiscal year ending January 2025 and its revenue forecasts for the period from February to April 2025, which exceeded market expectations, positively impacting Japanese stocks.
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Market Chatter: Nippon Steel Eyes US Steel Acquisition Talks With US Government
Overnight news: A decline in consumer confidence in the USA triggered a market downturn. Cisco collaborates with NVIDIA. Reports indicate that the USA and Ukraine have reached a mineral agreement. NVIDIA's Earnings Reports are due for release soon.
For more global financial News, please visit the 7×24 hours real-time financial news. Market Close: US stocks showed mixed results, with the Nasdaq and S&P Index declining for four consecutive days. On February 25, the top 20 US stock transactions: Tesla's Market Cap fell below 1 trillion USD. On Tuesday, China Concept Stocks fluctuated; Li Auto increased by 13.2%, while Trip.com fell by 11.4%. On Tuesday, Crude Oil in the USA dropped by 2.5%, while spot Gold fell over 1.2%, at one point dropping below 2890 USD, and New York Copper rose by 2.5%. European stocks closed mixed, with the France CAC40 Index down by 0.49%. Macro News: US Consumer confidence plummeted, with important Indicators reaching the lowest point since 2021.
Airbus's new aircraft is doing well [Today's GAINIANBANKUAI].
It has been reported that the new passenger aircraft from European Index major player Airbus is stealing some customers from its rival, Boeing. Airbus began deliveries of its new model "A321XLR" at the end of last year, and it seems that the number of orders has surpassed 500 so far. Many of these orders are said to come from Airlines looking to replace aging Boeing aircraft. <4619> Nikko Paint <5108> Bridgestone Corporation Unsponsored ADR <5189> Sakura Rubbers.
Executives from United States Steel and Japan's steel industry have courted favor with the Trump administration in hopes of salvaging Trade.
According to reports, executives from United States Steel and Japan Steel are seeking to meet with senior officials from the Trump administration, marking a last-ditch effort to save their $15 billion merger deal. Sources say that United States Steel CEO David Burritt has been in contact with officials to discuss a meeting with Vice President Pence, while Japan Steel is trying to arrange for executive Takahiro Mori to meet with U.S. Secretary of Commerce Ross. Neither effort has resulted in a formal schedule. However, this indicates that United States Steel and Japan Steel refuse to give up on the initiatives from both former President Biden and current President Trump.