The three major U.S. stock indices fell back on the 14th, with the Dow down $107.58 and the Nasdaq and S&P also edging lower. The dollar-yen exchange rate remained in the low ¥159 range.
In the U.S. stock market on the 14th, the Dow Jones Industrial Average closed at $53,732.41, down $107.58 from the previous day; the Nasdaq Composite closed at 26,729.16, down 73.86 points; and the S&P 500 closed at 7,785.76, down 13.23 points. All three indices ended lower. Following gains across all three indices the previous day, investors took profits ahead of the weekend. At the close, the Dow was down approximately 0.20%, the Nasdaq approximately 0.28%, and the S&P 500 approximately 0.17%.
In the foreign exchange market, the dollar-yen exchange rate remained in the upper ¥159 range. There were no major intraday movements, and the rate remained at a weak-yen level. The Tokyo market was closed for a holiday and there was no trading. On the next trading day, attention is expected to focus on the impact of U.S. market trends and foreign exchange movements.
In the Tokyo market on the 14th, the Nikkei 225 rebounded to close at ¥68,713.80, up ¥405.21 from the previous day. Partly reflecting this reaction, U.S. market trends and foreign exchange movements are expected to be factors affecting the Japanese market into the start of the following week.