The Nikkei 225 Future is trading at 23,568.00 up with +4.47% percent or +1,008.00 point .The NSE Nifty Future is trading at 11,305.80 with a loss of -0.11% percent or -12.50 point. The Hang Seng Future is trading at 27,423.50 up with +1.43% percent or +385.50 point.
TODAY’S FACTORS AND EVENTS
Asian stock markets rose in early trading Wednesday, as Japanese stocks jumped further amid added gains for dollar-yen and bond yields and Chinese stocks shrugged off new tariffs.
Japan‘s Nikkei NIK, +1.08% was up 1.4%, returning to late-January levels after having already bounced 3.6% the prior three trading days, finishing Tuesday at 7½-year highs. Life insurers Dai-ichi Life 8750, +4.21% and T&D 8795, +3.47% were up some 3% as yields on 10-year Treasurys (of which the firms are investors) have risen to 3.05%. The dollar USDJPY, -0.03% was at ¥112.34, versus ¥111.95 at the end of Tokyo stock trading Tuesday.
WORLD MARKETS
For the day the Dow is trading at 26,246.96 up with +0.71% percent or +184.84 point. The S&P 500 is trading at 2,904.31 up with +0.54% percent or +15.51 point. The Nasdaq Composite is trading at 7,956.11 up with +0.76% percent or +60.32 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,672.52 up with +1.08% percent or +251.98 point. Hong Kong’s Hang Seng is trading at 27,389.72 up with +1.13% percent or +305.06 point. China’s Shanghai Composite is trading at 2,730.09 up with +1.12% percent or +30.14 point. India’s BSE Sensex is trading at 37,323.79 up with 0.089% percent or +33.12 point at 12:15 PM.
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