[NYDow・Nasdaq・CME (table)] NYDOW: 38,571.03, -115.29 Nasdaq: 16,828.67, +93.65 CME225: 38,650, -290 (compared to TSE) [NY market data] On May 3, the NY market was mixed. The Dow ended trading at 38,571.03, down 115.29 dollars, while the Nasdaq closed up 93.65 points at 16,828.67. The ISM manufacturing index for May unexpectedly declined, and prices paid also fell, which was bought on expectations of interest rate cuts and rose after the opening. However, the Dow turned to selling throughout the day as concerns about a slowdown in economic growth emerged and remained sluggish. On the other hand, the Nasdaq remained solidly supported by purchases due to the recovery of NVIDIA in the semiconductor industry and the anticipation of lower interest rates, and closed mixed. By sector, semiconductors and semiconductor manufacturing equipment, pharmaceuticals and biotechs rose, while energy declined. The Chicago Nikkei 225 futures settlement value was 38,650 yen, down 290 yen from the Osaka daytime session. In the ADR market, Yucho Bank <7182>, Japan Post <6178>, Recruit HD <6098>, Fujifilm <4901>, Mitsui Fudosan <8801>, Terumo <4543>, Komatsu Manufacturing <6301>, etc. fell, and selling was dominant overall.
On the 9th, the NY market continued to rise, with the Dow up 51.05 points to 39,497.54 and the NASDAQ up 85.28 points to close at 16,745.30. After lingering worries about a economic downturn following opening, it fell. Later, Barkin, president of the Richmond Federal Reserve Bank with voting rights on the Federal Open Market Committee (FOMC), said, "there is time to assess the economy," and as the pessimistic view of economic slowdown became too much, investor sentiment improved and buying increased, leading to a turnaround. Collins, president of the Boston Federal Reserve Bank, pointed out that if inflation slows down in a strong job market, a rate cut may be possible, and high-tech also recovered in the positive zone. Buying continued towards the end of the week, as important inflation indicators are set to be announced next week. By sector, technology hardware and equipment rose, while transportation declined. The Chicago Nikkei 225 futures liquidation value was 35,275 yen, up 225 yen from the Osaka daytime comparison. In the ADR market, Japan Post "6178", Honda Motor "7267", Renesas "6723", and Mizuho Financial Group "8411" rose, while Japan Post Bank "7182", Toyota Industries "6201", Nidec "6594", Murata Manufacturing "6981" and others fell, resulting in mixed overall performance.
Nasdaq; 16,745.30; +85.28
CME225; 35275; +225 (compared to the Tokyo Stock Exchange)
[NY market data]
The NY market on the 9th increased, with the Dow up 51.05 dollars to 39,497.54 dollars, and the Nasdaq up 85.28 points to close at 16,745.30. Following concerns of an economic downturn after opening, it declined. Afterwards, Barkin, President of the Richmond Federal Reserve Bank with voting rights in the Federal Open Market Committee (FOMC), stated that "there was time to determine the economy," and as pessimistic views of economic slowdown have begun to subside, investors' psychological standing have improved with increased buying leading to an increase. Later, Collins, President of the Boston Federal Reserve Bank, indicated that if inflation hinders development in a strong labor market, a rate cut may be possible, and high tech has begun to recover in the positive realm. Buying continued toward the end of this week, due to important inflation indicators scheduled to be announced next week. By sector, technology/hardware/equipment rose while transportation dropped. The Chicago Nikkei 225 futures liquidation price was up JPY225 from Osaka's intraday comparison, at JPY35,275. In the ADR market, Japan Post "6178", Honda Motor "7267", Renesas "6723", and Mizuho Financial Group "8411" rose, while Japan Post Bank "7182", Toyota Industries "6201", Nidec "6594", Murata Manufacturing "6981" and others traded down, with mixed overall performance.