-- The yen has weakened about 9% against the euro so far this year providing a potential earnings boost for Japanese companies with significant sales in Europe.Mortgages Stuck Around 7% Force Rapid Rethink of American Dream
In addition to direct imports to Europe, the weaker yen can also help Japanese firms undercut pricing of European competitors in third countries, according to Tsuyoshi Ueno, a senior economist at NLI Research Institute. Stocks splits are usually bullish. Here are 8 expensive stocks that could get a boost by following Nvidia's 10-for-1 move.
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Dollar Firms, Yen Weakens as Stocks Tread Water: Markets WrapUS equity futures pointed to declines on Wall Street as May’s early gains unwind. Treasury yields rose.
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