Japan stock rally slows in Q1 2024, concerns over weak economy and consumer spending

From Investing.com: 2024-05-27 02:07:26

Japanese stocks rally slows in Q1 2024 as Nikkei 225 index remains below record highs. Concerns over weak yen, economy, and consumer spending. Despite strong earnings in March quarter, companies provide disappointing outlook. Goldman Sachs analysts remain optimistic on eventual upward revisions in earnings guidance. Foreign investors attracted to market. Share buyback announcements increase, presenting value for investors.



Read more at Investing.com: Japan stock rally cools, but Goldman Sachs sees no need for pessimism By Investing.com