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Toshiba management woes seen deepening after strong shareholder rebuke

Spoos Hug 4,200 In Thin Holiday Trading As Global Stocks Close Out 4th Month Of Gains

Spoos Hug 4,200 In Thin Holiday Trading As Global Stocks Close Out 4th Month Of Gains by Tyler Durden It was anything but sell in May . With US markets closed for Memorial Day, Emini futures traded virtually at 4,200 amid light volumes as world stocks were firmly on track to post a fourth straight month of gains on Monday.  MSCI’s index of world stocks drifted 0.1% higher, putting the gauge on track for a 1.4% gain for May. It is the longest monthly rising streak for the index since August 2020, when it marked a five-month run of gains, according to Reuters. S&P 500 and Nasdaq 100 futures swung between small gains and losses amid shortened trading hours due to the Memorial Day holiday in the U.S. The dollar was steady against a basket of peers.

Tokyo stocks close higher after recent falls

(Photo by James Matsumoto/SOPA Images/LightRocket Tokyo shares closed higher Tuesday on bargain-hunting as investors shrugged off news of a shrinking economy in Japan. The benchmark Nikkei 225 index jumped 2.09% to end at 28 406.84, while the broader Topix index added 1.54% to 1 907.74. Investors sought bargains after recent falls, including a 0.92% loss in the Nikkei index on Monday. Tokyo shares closed higher Tuesday on bargain-hunting as investors shrugged off news of a shrinking economy in Japan and ongoing worries over coronavirus infections. The benchmark Nikkei 225 index jumped 2.09%, or 582.01 points, to end at 28 406.84, while the broader Topix index added 1.54%, or 28.88 points, to 1 907.74. Investors sought bargains after recent falls, including a 0.92% loss in the Nikkei index on Monday, while the yen slowed its appreciation against the dollar, giving some support to the market.

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