Nikkei Index Opens with Impressive Surge
The Nikkei index kicked off the trading day on a high note, opening at an impressive 32,450.82 points. This marked a substantial increase of 500.93 points, equivalent to a remarkable rise of 1.56%.
Stock Market Thriving with Non-Ferrous Metals and Transport Equipment Sector Gains
As the market commenced, it became evident that non-ferrous metals stocks were spearheading the bullish trend. Moreover, the robust performance extended to transport equipment stocks and the wholesale groups, strengthening overall market sentiment.
Upbeat Mood Ripples across New York Stock Exchange
The New York Dow Jones Stock Exchange Index experienced a significant surge, crossing the 200-point threshold, on Friday. Investors responded optimistically to the anticipation of a potential halt in interest rate hikes by the Federal Reserve.
This positive mood was further fueled by the release of the non-agricultural employment figures by the US Department of Labor, revealing an unexpected growth of merely 150,000 jobs in October. This outcome marked the lowest level witnessed in nearly three years, falling short of analysts’ expectations of 188,000 jobs.
The Nikkei index opened at 32,450.82 points, up 500.93 points or +1.56%.
Stocks that rose this morning were led by non-ferrous metals stocks. Transport equipment stocks and wholesale groups
The New York Dow Jones Stock Exchange Index jumped more than 200 points on Friday. Responding to expectations that the Fed may end the cycle of raising interest rates. After the US Department of Labor revealed on Friday that non-agricultural employment figures increased by only 150,000 jobs in October. That was the lowest level in nearly three years and below analysts’ expectations of 188,000 jobs.
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