News Column

Nikkei opens slightly higher after Dow, S&P record highs

July 2, 2014

The Nikkei stock index opened slightly higher Thursday, with buying encouraged after the Dow Jones Industrial Average and the S&P 500 index both closed at record highs for a second straight day overnight in New York.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 9.86 points, or 0.06 percent, from Wednesday to 15,379.83. Meanwhile, the broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 0.21 point, or 0.02 percent, to 1,280.57.

The market was top-heavy ahead of the release of closely-watched U.S. employment data for June later in the day. Major gainers included mining, nonferrous metal as well as glass and ceramics shares.

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Source: Japan Economic Newswire

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