Thought the Dow’s 3.5% rally and the Nasdaq and S&P 500’s 4.2% gains were big? Take a look at the 5.5% surge in N225 futures in Chicago. The last quote was at 12,460. A late $/¥ quote shows a recovery of the 100-level. A quick review of Investing in Japan’s listing of Japanese ADRs shows real estate and leasing firm ORIX (IX: 38.81 -0.40%) led the charge and chip equipment and diagnostics-maker Advantest (ATE: 24.18 +1.22%) put up the second-best daily performance — granted the two have severely depressed stock prices! continue reading…
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ASIAN STOCKS HAMMERED ON CONTINUED TIGHTENING CONCERNS
(THE PRAGMATIC CAPITALIST, 1/26/10)
Twenty years ago today in Japan...
(The Mess That Greenspan Made, 12/29/09)
