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Nikkei 225 Bullish Momentum With A 3% Jump In The Last 5 Sessions

(VIANEWS) – Nikkei 225 (N225) has been up by 3.1% for the last 5 sessions. At 09:08 EST on Thursday, 9 November, Nikkei 225 (N225) is $32,580.29.

Concerning Nikkei 225’s yearly highs and lows, it’s 26.96% up from its 52-week low and 3.53% down from its 52-week high.

Index Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Nikkei 225’s is considered to be overbought (>=80).

News about

  • According to DailyForex on Tuesday, 7 November, "In essence, the S&P 500 effectively functions as an ETF comprising the most dominant mega-cap entities in the realm of Wall Street. "
  • According to FXStreet on Tuesday, 7 November, "That reflects the overall performance of the market, as the S&P 500 was down 3.8% in the third quarter, while Buffett’s largest holding, Apple (NASDAQ: AAPL), which makes up some 47% of the portfolio, dropped 11% in the quarter."
  • According to MarketWatch on Tuesday, 7 November, "The stock has fallen 16% in the year to date, while the S&P 500 has gained 13.7%."
  • According to MarketWatch on Tuesday, 7 November, "The stock has tumbled 57.3% over the past three months through Monday, while the iShares Biotechnology ETF has lost 5.6% and the S&P 500 has slipped 3.4%."
  • According to MarketWatch on Tuesday, 7 November, "The stock is now up 34.9% in 2023, compared to a 13.5% year-to-date rise by the S&P 500 SPX."

More news about Nikkei 225 (N225).

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