
Japan's Nikkei Stock Average opened higher on November 15, 2024, rising 0.55% to 38,749.56, following a previous increase of 0.49% to 38,911.04. The uptick is attributed to gains in automakers and banks, bolstered by a weaker yen, which has prompted positive sentiment among exporters. This marks a reversal from the Nikkei's three-day decline. In contrast, U.S. markets experienced declines, with the S&P 500 falling 0.6% and the Dow Jones Industrial Average dropping 207 points, or 0.5%. The Nasdaq composite also decreased by 0.6%. The broader market remains cautious amid speculation of potential currency intervention as the yen weakens slightly.
*NASDAQ 100 EXTENDS DROP TO 2%; S&P 500 DOWN 1.2%
Japan’s Nikkei Stock Average Snaps 3-day Slide as Automakers and Banks Gain (Update 1) https://t.co/8Titc6bxcY
Nikkei snaps 3-day falls on bargain-hunting, weak yen lifts autos https://t.co/xvJiOFOPsO