The Nikkei 225 Stock Average lost 12.99 yen to 17,656.84. It seems domestic market participants were a bit skeptical of the post-Golden Week rally, but not enough to take profits en masse. Decliners outpaced advancers 917 x 656 on the TOPIX 1st Section, with 157 unchanged. Less than half of the 33 sectors (14) posted [...]
Archive | May 8, 2007
Another Day, Another Dow Market Alert; Nikkei Has No Legs
Here it goes, The Wall Street Journal emailed me a market alert saying: The Dow industrials closed at a record high for the fifth straight trading session and have gained in 24 of the past 27 sessions, the longest stretch with just three down days since 1927. What’s the Nikkei doing after yesterday’s rally? Not [...]
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