(Bloomberg) -- Japanese stocks climbed, led by
exporters after the Federal Reserve said the housing slowdown
won't keep the U.S. economy from expanding and the yen weakened.
Share also gained after reports showed Japan's household
spending rose for a fifth month in May, the jobless rate held at
a nine-year low and consumer prices slipped as predicted by
economists. Seven & I Holdings Co. advanced after the Nikkei
newspaper said the company will probably show a 6 percent
increase in operating profit in the latest quarter.
Read more at Bloomberg Stocks News
exporters after the Federal Reserve said the housing slowdown
won't keep the U.S. economy from expanding and the yen weakened.
Share also gained after reports showed Japan's household
spending rose for a fifth month in May, the jobless rate held at
a nine-year low and consumer prices slipped as predicted by
economists. Seven & I Holdings Co. advanced after the Nikkei
newspaper said the company will probably show a 6 percent
increase in operating profit in the latest quarter.
Read more at Bloomberg Stocks News
No comments:
Post a Comment