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AGCO Reports Sharp Sales Decline, Reaffirms 2025 Outlook With Strategy To Weather Market Challenges
Renesas Electronics Corporation (RNECF) Q4 2024 Earnings Call Transcript Summary
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After the buying round, the price movements have stabilized at the firm level of 39,000 yen.
The Nikkei average has risen for three consecutive days, closing at 39,066.53 yen, up 235.05 yen (with an estimated Volume of 2.1 billion 70 million shares). Trading began with a lead in Buy based on the rise in U.S. stocks, reaching as high as 39,190.13 yen in the middle of the morning session. However, comments by Naoki Tamura, a Bank of Japan committee member, stating that "it is necessary to raise interest rates to 1% by the second half of fiscal 2025" caused the yen to strengthen, temporarily pushing the exchange rate to about 151.80 yen to the dollar, which weighed on the market and narrowed the gains toward the end of the morning session.
The Nikkei average has risen for three consecutive days, with Semiconductors stocks being bought, but the stronger yen is a burden.
On the 5th, the Dow Inc in the US market closed up $317.24 at $44,873.28, while the Nasdaq ended up 38.31 points at 19,692.33 points. Disappointment over Alphabet's disappointing earnings report, which operates the search engine Google, led to selling in the tech sector, resulting in mixed performance after the market opened. While the decline of Alphabet weighed on the Nasdaq, the rise of the semiconductor NVIDIA offset this, allowing it to recover into positive territory towards the end. The Dow was supported by expectations of additional interest rate cuts which contributed to lower interest rates and a weaker dollar.
Cui Nyonya Kueh :
Trader’s Edge OP : Happy Chinese New Year friends! Hope you all huat this year!!!![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Buy n Die Together❤ :
SpBoy1989 Cui Nyonya Kueh : hi
SpBoy1989 Buy n Die Together❤ : can u teach me how to sell the stock? I don’t know how to sell back.