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Stock impact report

Asia Markets: Nikkei pulls back from 3-month high as Asian markets dip [MarketWatch]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Company Research Source: MarketWatch
Nikkei pulls back from 3-month high as Asian markets dip Asian markets largely fell in early trading Tuesday, despite gains on Wall Street and signs of easing trade tensions between the U.S. and China. Japan’s Nikkei NIK, -0.01% was down slightly, after hitting a 3½-month high in Monday trading. Miners, banks and insurance companies led the losses in Tokyo, with Mitsubishi UFJ Financial Group Inc. 8306, -0.57% and MS&AD Insurance Group Holdings Inc. 8725, -2.66% in the red. Sony Corp. 6758, -0.87% shares dropped after the company announced it would buy Mubadala Investment Co.’s stake in EMI Music Publishing for about $2.3 billion. The yen gained slightly against the dollar JPYUSD, +0.146089% , last at ¥110.90, versus ¥111.05 in late New York trade. Bank of Japan Gov. Haruhiko Kuroda told parliament Tuesday that the central bank would take the side effects of stimulus into consideration as it weighed its monetary policy. “We will patiently pursue powerful monetary easing Show less Read more
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