Top-selling stocks are statistically losers, but the trend appears to be changing since early 2020.
Archives of “February 10, 2021” day
rssJapan – Honda raises net profit outlook to US$4.4bn on recovering sales
Honda has raised its net profit outlook to 465 billion yen
- previous estimate of 390 billion yen
- for the 2020 fiscal year
Japanese stocks are just a touch higher, Nikkei up just under 0.1%, for the session so far.
Foreign direct investment (FDI) into China rose 4.6% y/y in January
Reuters with the info fro China’s Commerce Ministry
Foreign direct investment (FDI) +4.6% y/y in yuan terms
- +6.2% y/y in USD terms
No records for the Dow and S&P. Nasdaq and Russell 2000 have record closes
Modest changes for the major indices
The Nasdaq and Russell 2000 both closed at record levels, but the S&P and Dow could not hold onto gains and are closing lower (and not at records). All were only modest gains or losses.
The final numbers are showing:
- S&P index -4.33 points or -0.11% at 3911.26
- NASDAQ index up 20.057 points or 0.14% at 14,007.69
- Dow down 10.07 points or -0.03% at 31375.65
- Russell 2000 index up 9.9 points or 0.43% at 2299.66
Thought For A Day
