Nikkei Parties Like its 1989; Hits Record High

Buybacks and big caps drive Nikkei beyond 198039;s bubble era Foreigners return in force to lead rally after long absence Valuations aren39;t excessive; analysts see further gains SINGAPORE, Feb 22 Reuters Japanese stocks raced to a record peak on Thursday, breaking levels last seen in 1989 during the halcyon days of the bubble economy, as cheap valuations and corporate reforms lure foreign money looking […]
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Europes STOXX 600 Hits allTime High on Technology Boost

STOXX 600 up 0.6 BESI at record high after Q4 beat, strong orders Nestle drops on FY organic sales miss Delivery Hero down after foodpanda business sale talks falter Final eurozone inflation print for January due 1000 GMT Feb 22 Reuters Europe39;s STOXX 600 index scaled an alltime high on Thursday, boosted by technology stocks […]
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Rupee to Rise Tracking Asia FX; Importers, RBI Curb Upside

MUMBAI, Feb 22 Reuters The Indian rupee will open higher on Thursday, tracking most Asian peers on upbeat risk, following which it is expected to run into dollar bids from importers. Nondeliverable forwards indicate the rupee will open at around 82.9282.94 to the U.S. dollar, compared with 82.97 in the previous session. The domestic currency […]
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Japans Nikkei Hits Record High as Nvidia Lifts Asian Tech

TOKYO, Feb 22 Reuters Japan39;s Nikkei share average topped its alltime peak on Thursday, after unexpectedly strong revenue forecasts from U.S. chip designer Nvidia lifted Asian tech stocks. Chinese equities recovered from early weakness and looked set to extend a winning run to an eighth straight session amid optimism over Beijing39;s stimulus efforts. Longterm U.S. bond yields hugged […]
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FOMC MM No Market Effect, U.S. Dollar Surprisingly Weakens

Previous Trading Days Events 21 Feb 2024 Nvidia on Wednesday experienced shares up by 10 afterhours. The market was poised to sell the news following Nvidias earnings, given the skyhigh expectations and deteriorating macro conditions, Investing.com analyst Thomas Monteiro said. However, once again, the company left no doubt that the AI boom is much more […]
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