Nikkei 225 (^N225)
Osaka - Osaka Delayed Price. Currency in JPY
|Day's Range||16,320.43 - 16,490.53|
|52wk Range||14,864.01 - 20,012.40|
|Avg Vol (3m)||369,017|
The Bank of Japan has long been criticized for cornering the Japanese government-bond market with its annual 80 trillion yen ($800 billion) purchase. The BOJ, which started the ETF program in 2013 and has expanded it three times since, is currently buying JPY6 trillion of ETFs a year. By July, its ETF holdings already accounted for 1.9% of the market cap of stocks listed on the Tokyo Stock Exchange.
- Los Angeles Times•yesterday
Stocks ended mostly lower Friday after Federal Reserve officials said the case has strengthened for raising interest rates above the super-low levels that have helped fuel a seven-year bull market.