Since late last week, investors have digested a raft of positive news from major economies: additional monetary stimulus in
Indications that the U.S. economy is on a roll this quarter after a bumpy start to the year have helped push American stock benchmarks higher for the past month.
Although most Asian markets got a perk from those developments, the region's main bourse largely marked time, waiting for a new cue.
"Today the yen rose slightly and so prices degenerated during the day," he said. "But compared to global stocks, there is still a sense that Japanese shares are lagging behind." The
He foresees the index testing the 15,000 level again in coming sessions. A weak yen is a plus for
The dollar fell to
Among other Asian stock markets,
In the U.S., the Standard & Poor's 500 closed at another all-time high, rising 1.83 points, or less than 0.1 percent, to 1,951.27.
The S&P 500 has been on a steady climb for three weeks, lifting the benchmark for most investment funds by 4 percent the last month.
The Dow Jones industrial average edged up 0.1 percent to 16,943.10 and the Nasdaq composite index gained 0.3 percent to 4,336.24.
In energy trading, benchmark U.S. crude for July delivery was up
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