Business · Markets · 4 hrs ago
Nikkei futures rise 200 yen in Chicago despite Japanese stocks’ recent slide
Nikkei 225 futures rose in Chicago on Oct.
26, even as Japan’s stock market had recently weakened.
The December contract closed 200 yen higher at 62,840 yen on the Chicago Mercantile Exchange.
The cash Nikkei average had fallen to its lowest level in about three months that day.
US stocks rose after AI developer Anthropic released a prospectus ahead of a planned IPO.
The gains in US shares helped encourage buying in Chicago’s Nikkei futures.
Futures are contracts linked to the index, and this update does not say how Japan’s cash market performed afterward.
Nikkei 225 futures in Chicago rose 200 yen to close at 62,840 yen for the December contract on 26 October.
The rise came even as Japan’s Nikkei 225 stock average fell to its lowest level in about three months.
Buying in Chicago futures was supported by gains in US stocks.
US stocks rose after AI developer Anthropic published a prospectus ahead of a planned initial public offering.
- Who
- Investors trading Nikkei 225 futures on the Chicago Mercantile Exchange.
- What
- The December Nikkei 225 futures contract rose 200 yen to close at 62,840 yen.
- When
- 26 October.
- Where
- The Chicago Mercantile Exchange.
- Why
- US stocks rose after Anthropic published a prospectus ahead of a planned initial public offering, supporting buying in Chicago futures.
This story does not have two clearly opposing sides.
Japan’s Nikkei 225 stock average fell to its lowest level in about three months.
Anthropic published a prospectus ahead of a planned initial public offering, and US stocks rose.
The December Nikkei 225 futures contract in Chicago closed 200 yen higher at 62,840 yen.
- Contract
- December Nikkei 225 futures
- Closing price
- 62,840 yen
- Change
- Up 200 yen from the previous weekend
- Market
- Chicago Mercantile Exchange
- Japanese stocks
- The Nikkei 225 reached a low not seen for about three months