2345 GMT — Japanese stocks may fall as concerns grow about the escalation of the Middle East conflict. Nikkei futures are down 1.2% at 30650 on the SGX. Israeli soldiers pushed deep into the densely populated Gaza Strip Sunday. USD/JPY is at 149.75, compared with 150.09 as of Friday’s Tokyo stock market close. Investors are focusing on the latest developments in the war between Hamas and Israel and their impact on crude-oil prices and bond yields. Corporate earnings are also in focus. The Nikkei Stock Average rose 1.3% to 30991.69 on Friday. ([email protected])
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8