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Japan shares end slightly higher, corporate outlook concerns cap gains
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Japan shares inch higher, corporate outlook worries cap gains
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Japan shares inch higher, corporate outlook worries cap gains
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JIJI Apr 27, 2021
Tokyo stocks weakened Tuesday as investors continued to stand on the sidelines ahead of corporate earnings releases by major Japanese companies.
The 225-issue Nikkei average slipped 134.34 points, or 0.46%, to end at 28,991.89. On Monday, the key average climbed 105.60 points.
The Topix index of all first section issues ended down 14.60 points, or 0.76%, at 1,903.55, after inching up 3.17 points the previous day.
Following mixed results on Wall Street overnight, the Nikkei average hovered near the previous day’s close in the morning while the Topix index moved narrowly in negative territory.
by Tyler Durden
Tuesday, Apr 27, 2021 - 07:46 AM
For the second day in a row, U.S. equity futures are starting the day barely changed, up just 0.1% and at new all time highs, alongside Treasury yields as earnings reports added to positive sentiment regarding an economic recovery in the developed world despite some disappointment in the latest TSLA results. The S&P 500 and the Nasdaq closed at record levels on Monday, with the tech-heavy Nasdaq completing a full recovery from its 11% correction that began in February.
At 07:15 a.m. ET, Dow E-minis were up 12 points, or 0.04%, S&P 500 E-minis were up 4.5 points or 0.1% to 4,184, trimming earlier gains that pushed the Emini as high as 4,192.5, and Nasdaq 100 E-minis were up 20 points, or 0.14%.