Tokyo's main index closes a little lower on the day
- Session high 21,784.00
- Session low 21,604.18
Negative sentiment remains following the Micron news overnight, and the ongoing US-China trade spat is bringing down Asian equities so far today.
Negative sentiment remains following the Micron news overnight, and the ongoing US-China trade spat is bringing down Asian equities so far today.
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Chip stocks like MX, ADI, AMAT jump on $4T supply chain plan. MACOM's 3.9% gain adds to its 35.8% YTD return.
TER jumps 5% on $4T chip consortium plan. NVMI +3.2%, STX +3.1%. Volatile TER nears 52-week high.
Meta faces $375M penalty for child safety failures; valuation $1.5T, but risks loom.
Footwear stocks saw mixed Q4 results. WWW up 4.6% rev, NKE flat, SHOO up 29.4%. Stocks down 1.1% avg.
SpaceX eyes $75B+ IPO, aiming for late March/early April filing. Investor portion may top 20%.
India's fuel prices lag global surges due to taxes & OMCs absorbing costs. State VAT creates wide price gaps.
Panama Ports claims $2B+ damages in arbitration; deal with BlackRock/MSC now complex.
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