Seeking Alpha

Japan's Nikkei ends a poor January with further losses

  • The Nikkei closes -0.6% to round off its worst month since May 2012, with the index dropping 8.5% in January.
  • Stock markets seem to be still highly troubled by the concept of positive economic news. In the U.S., the economy is trundling along nicely, while in Japan, inflation is heading towards the BOJ's 2% target and unemployment has hit a 16-year low. But it means that the Fed is tapering and the BOJ is less likely to add to its already massive stimulus.
  • Much of Asia is closed today, due to the start of the Lunar New Year, which will keep Chinese markets shut until February 6.
  • Of those bourses that are open, India is -0.1%.
  • ETFs: DXJ, EWJ, DFJ, DBJP, NKY, EZJ, EWV, SCJ, DXJS, JSC, ITF, JPP, JPNL, JPNS, FJP
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs