Japanese
stocks rose, with the Topix index heading for its longest weekly
winning streak since February 2013, after a drop in U.S. retail sales
boosted speculation the Federal Reserve may delay raising interest
rates.
The
Topix added 0.2 percent to 1,550.27 as of 9:01 a.m. in Tokyo, heading
for an eight-week gain. The Nikkei 225 Stock Average climbed 0.4 percent
to 19,062.23, set to extend a 15-year high. U.S. stocks rebounded from a
two-day selloff after the unexpected decline in retail sales.
Futures
on the Standard & Poor’s 500 Index added 0.1 percent after the
underlying gauge jumped 1.3 percent Thursday, the most in a month.
Japanese data on February industrial production is expected at 1:30 p.m. in Tokyo.
Source: Boomberg
0 komentar :
Post a Comment