Japan Stocks Flat After Wall Street
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The Nikkei average was flat in mid-morning trade on Wednesday, bolstered by bargain-hunting of a number of blue-chip stocks after US stocks showed resilience despite a rise in oil prices to new highs.
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Shares on Wall Street looked set for a flat start on Wednesday after rising solidly in the previous session on a bullish economic report and ahead of key data later in the week.
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Tokyo's Nikkei average was up 0.18 percent by mid-morning on Wednesday, helped by Wall Street's higher finish, but gains were limited by nagging concerns over the global economic outlook due to surging oil prices.
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Shares on Wall Street looked set for a  flat start on Wednesday after rising solidly in the previous  session on a bullish economic report and ahead of key data  later in the week.
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The Nikkei average ended nearly flat on  Tuesday as exporters rose on a weaker yen, but gains were  capped as Lehman Brothers lowered its rating on Takeda  Pharmaceutical Co. Ltd. (4502.T) and the drug sector.
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Japanese stocks rose early Thursday following Wall Street's rally overnight. The dollar was down against the yen.
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Tokyo stocks ended flat on Friday as worries about record-high oil prices took the edge off investors&#39; appetite for recently battered technology issues such as Sharp Corp.
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NEW YORK: Wall Street shares ended virtually flat on Monday as investors consolidated after last week&#39;s post-election rally, turning attention to a possible rate hike and keeping an eye on the weak dollar.
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Japan's Nikkei average was flat by late morning trade on Tuesday as falls in oil-related stocks offset gains in some exporters including auto makers after a retreat in oil prices eased fears about the global economy.
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Tokyo stocks rose Tuesday morning after shares posted modest gains on Wall Street and oil prices declined overnight. The US dollar was down against the Japanese yen.
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TOKYO - Japanese stocks rebounded in early trade Tuesday on bargain hunting after a weeklong slide in world markets. The dollar was lower against the yen.
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Japanese stocks dipped sharply during Wednesday morning trading, falling in the wake of an overnight plunge on Wall Street. The dollar was lower against the yen. The benchmark Nikkei 225 index fell 512.04 points, or 2.98 percent, to 16,666.80 points on the Tokyo Stock Exchange by the end of morning session. The index had fallen 0.66 percent to finish at 17,178.84 points Tuesday.
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U.S. stocks were flat on Wednesday  after Federal Reserve Chairman Alan Greenspan said the economy  had recovered from its soft patch and a number of companies  warned about their earnings.
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Japan's Nikkei average rose 0.37 percent in early trade on Thursday as investors bought exporters such as Canon Inc. after a fall in oil prices boosted confidence over the U.S. economy and lifted Wall Street stocks.
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Tokyo stocks ended flat on Friday as  worries about record-high oil prices took the edge off  investors' appetite for recently battered technology issues  such as Sharp Corp.
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The Nikkei average was flat in mid-morning trade on Tuesday, with a rise in bank shares and insurers helping the Tokyo market stabilize after the benchmark's slide to a five-month closing low the previous day.
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Japanese stocks recouped early losses by  late afternoon on Thursday as banks clawed back into positive  territory a day after a key survey showing waning business  sentiment had sparked a sell-off in the sector.