Stock market today: Global shares are mixed and yen weakens as Japan's central bank stands pat

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Global shares are mixed after Wall Street touched fresh records.

FILE - People move past an electronic stock board showing Japan's stock prices outside a securities firm in Tokyo, June 7, 2024. Asian shares were mixed in muted trading Friday, June 14, after Wall Streets continued frenzy around artificial-intelligence technology nudged indexes on Wall Street to more records.– Global shares were mixed on Friday after Wall Street touched fresh records, with benchmarks pushed higher by the frenzy over artificial-intelligence technology.

The central bank said details on reducing its massive bond holdings, acquired as the BOJ pumped trillions of dollars into the economy, would be decided and start after its next meeting in July. That helped send the Japanese yen lower against the dollar. The dollar has risen from a rate of about 140 yen to above 157 yen over the past year.

The S&P 500 added 0.2% to its all-time high set the day before and the Nasdaq composite climbed 0.3% from its own record. The Dow Jones Industrial Average fell 0.2%.

 

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