The Nikkei 225 sold off sharply in early trading Thursday as the Japanese authorities continued their efforts to contain the nuclear crisis. The index pared its losses though the trading session, ending 1.4% lower on the day. Other Asian markets also ended lower with the Shanghai Composite losing 1.1% on the day while the Hang Seng lost 1.8%.
European markets shrugged off concerns and rallied on the day. The FTSE 100, Paris CAC and Germany's DAX were up 1.6%, 2.2% and 2.0% respectively.
The consumer price index rose 0.5% in February as riding energy and food prices pushed the index higher. Excluding these volatile categories, the core price index rose 0.2% in the month. The rise in the core index was slightly h igher than economists had expected but is subdued enough that it is unlikely the Fed will take decisive action to slow rising prices.
Initial unemployment claims dropped by a larger than expected 16,000 last week to 385,000. The steady decrease in initial claims points to a continued, but slow improvement in the labor market.
(data is good, market goes up)
SP500 under 1280 for 2 days.
did you buy? I don’t know, but I bought a lot. I am kind of happy.
What I need is “BUY MORE” what is “”100%”” loaded ! still need some time, maybe tomorrow.
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