![]() Honda Motor climbed 157 yen, or 3.6 percent, to 4,536 yen after its aircraft division announced Wednesday it will launch a new light jet with improved fuel efficiency. "Even when looking at the same information, each market has different focal points," said Chihiro Ota, assistant general manager of investment research and investor services at SMBC Nikko Securities Inc.Īmong export-oriented issues, optical equipment maker Olympus rose 55 yen, or 2.5 percent, to 2,257 yen, while electronic components maker TDK gained 75 yen, or 1.4 percent, to 5,628 yen. rate hike next month as core prices remained elevated and led to higher Treasury yields, analysts said. The weak yen against the dollar also buoyed stocks, as investors in the bond market were more focused on a possible U.S. inflation slowed to 4.0 percent in May from a year ago, reaffirming expectations of a pause in interest rate hikes by the Fed, analysts said.īuying also took the upper hand after Kishida said Tuesday he will decide when to dissolve the lower house after reassessing "various circumstances," amid growing speculation that he will call for a snap election by the end of the ongoing Diet session through June 21, analysts said.Īs stocks have risen in the past during elections, "the expectation that there might be upward movement due to such anomalies supports buying," said Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management Co. The upward momentum mirrored gains on Wall Street overnight after data showed U.S. Tokyo stocks traded higher throughout the day, with the Nikkei extending gains in the afternoon to end at a fresh 33-year high for the second consecutive day. The yield on the benchmark 10-year Japanese government bond rose 0.010 percentage point from Tuesday's close to 0.425 percent, tracking an overnight rise in long-term U.S. consumer price index for May showed inflation remaining above the Fed's desired level despite slowing, prompting speculation an interest rate hike may be forthcoming in July, dealers said.Īt 5 p.m., the U.S. dollar remained firm around the 140 yen line as the U.S. ![]() ![]() Elevance Health slid 7% and CVS Health, which owns Aetna, declined 6%.A financial data screen in Tokyo shows the Nikkei Stock Average closing on June 14, 2023, at 33,502.42, its highest close since March 9, 1990, when Japan was experiencing an asset price bubble. the 78 offer price represented a 3.08 discount to the prior closing price of GEHC, but thats typical with. Humana, which also has a large business caring for Medicare members, slumped 13.5%. Cramer says snap up this leading medtech stock wishes he could buy shares too. SNAP New York Stock Exchange NLS real time price CURRENCY IN USD Software & IT Services. Significant News Only 04/28/23 Barron's Snap Stock Sinks After Earnings. UnitedHealth, which has a market cap of $424 billion, fell 7%. 1 Day SNAP -0.10 DJIA -0.07 S&P 500 0.14 Technology -0.50 Overview News Snap Inc. The stocks of health insurance companies tumbled on Wednesday following the warning. Currency in USD 10.23 +0.14 (+1.39) At close: 04:01PM EDT 10.23 -0.00 (-0.05) After hours: 04:47PM EDT Stock chart is not supported by. The insurer is incorporating this higher level of demand into the prices it sets for plans it offers next year in the private market for health insurance for older Americans, known as Medicare Advantage. The "strong" level of care older Americans are seeking out suggests that people are getting more comfortable getting procedures they put off during the pandemic, the UnitedHealth Group executive said. ![]() ![]() UnitedHealth Group expects to spend more of its members' premiums on medical care in the second quarter, driven by a rise in outpatient care for Americans 65 and older in Medicare plans, CFO John Rex said Tuesday at a Goldman Sachs investor conference. Older Americans are starting to get more procedures like hip and knee surgeries, and it's driving up how much one of the biggest US health insurers is spending on medical care. Account icon An icon in the shape of a person's head and shoulders. ![]()
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