Heavy Downturn in Japans Market - Q4 Sees 0.4% Growth in Japans GDP, Beating Expectations

Heavy decline in Japan market: 0.4% growth in Japan's GDP in Q4, better than expected. Going forward, the Bank of Japan may end the negative rate policy. Dow's worst week since October, US markets slipped on Friday after Thursday's record rise. Pressure on semiconductor shares due to NVIDIA's 5.5% fall, news of share split in NVIDIA soon. February jobs data was mixed - US added 2.75 Lk new jobs in February, estimate was 2 Lk. Unemployment at 3.9%, estimate was 3.7%, 10-year bond yield slipped below 4.1%

Updated on: March 11, 2024, 03.03 PM IST
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