Corning IncorporatedImpact on assets 3
Corning Incorporated
Sandisk CorpUS stocks rise and long-term rates fall, but dollar-yen around 157.30; no clear directional signal for either currency.
The Tokyo market is expected to be firm. US stocks rose, with the Dow closing up 693 dollars at 53,178 dollars, hitting a new all-time high. President Trump announced he would halt the attack on Iran, causing crude oil prices to drop sharply and long-term interest rates to also fall significantly, which strengthened the optimistic mood. The dollar-yen is currently trading around 157.30 yen, and CME 225 futures closed at 63,390 yen on a yen basis, down 440 yen from the Osaka daytime close, and at 63,450 yen on a dollar basis, down 380 yen. Japanese stocks are expected to see buying in response to the rise in US stocks, with gains in stocks that tend to stimulate Japan's AI-related sector, such as SanDisk and Corning, likely to support individual stock picking. The estimated range for the Nikkei average is 63,200 yen to 64,800 yen.
Corning Incorporated
Sandisk CorpUS stocks rise and long-term rates fall, but dollar-yen around 157.30; no clear directional signal for either currency.