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Tokyo shares open higher following Wall Street gains | Money


Monday, 07 Jun 2021 09:20 AM MYT
The benchmark Nikkei 225 index rose 0.89 per cent, or 257.98 points, to 29,199.50. The broader Topix index firmed 0.20 per cent, or 3.92 points, to 1,963.11. AFP pic
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TOKYO, June 7 Tokyo shares opened higher today, as investors cheered last week’s gains on Wall Street.
The benchmark Nikkei 225 index rose 0.89 per cent, or 257.98 points, to 29,199.50. The broader Topix index firmed 0.20 per cent, or 3.92 points, to 1,963.11.
“Japan’s Nikkei was the big underperformer last week, but the solid lead from the US suggests Japan is likely to enjoy a positive start to the new week,” said Rodrigo Catril, senior FX market strategist at National Australia Bank. ....

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Today's Tech Sell-Off: Where to Invest $5,000 for the Next 5 Years


Author Bio
Harsh has been covering technology, and sometimes retail, since 2011. He is focused on finding great businesses for the long run. You can follow him on twitter @techjunk13
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The
Nasdaq-100 Technology Sector index has retreated more than 7% in the past month, bringing down the valuations of some fast-growing names in tech that were considered overvalued earlier. But one shouldn t forget that this same index has jumped more than 240% in the past five years, which means that a $5,000 investment in the index would be worth $17,000 now.
Advanced Micro Devices (NASDAQ:AMD) stock has done even better over five years, rising over 1,850% and turning $5,000 into nearly $100,000. Rival graphics card specialist ....

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