Business · Markets · 6 hrs ago
Nikkei futures rise 180 yen to 62,780 in Chicago
Nikkei 225 futures for December delivery rose 180 yen on Monday to close at 62,780 on the Chicago Mercantile Exchange.
These contracts let investors trade on where they expect Japan’s Nikkei 225 index to move.
The rise followed buying in US shares during the US market session.
Investors were buying as oil prices and US long-term interest rates fell.
That buying spread to Nikkei futures traded in Chicago.
The closing price was a futures-market result, and the update does not say how the cash index performed or what will happen next.
The Nikkei average futures contract in Chicago rose 180 yen to 62,780 yen.
The December contract on the Chicago Mercantile Exchange closed at that level on Nov. 2.
Buying in the U.S. stock market followed a decline in oil prices and lower long-term U.S. interest rates.
The buying spread to Nikkei futures, according to the report.
- Who
- Nikkei average futures traders.
- What
- The December Nikkei futures contract rose 180 yen to 62,780 yen.
- When
- Nov. 2.
- Where
- The Chicago Mercantile Exchange in Chicago.
- Why
- Buying in the U.S. stock market amid lower oil prices and long-term U.S. interest rates spread to Nikkei futures.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Change
- Up 180 yen from the previous Friday
- Closing level
- 62,780 yen
- Contract
- December
- Exchange
- Chicago Mercantile Exchange
- Date
- Nov. 2