TOKYO, Dec 7 (Reuters) - Japan's Nikkei share average held steady in early trade on Friday after closing above the key 9,500-mark for the first time in seven months in the previous session and ahead of U.S. jobs data. The Nikkei was flat at 9,546.22 after entering "overbought" territory on Thursday, with its 14-day relative strength index at 70.5. Seventy or above is deemed overbought, which often signals a possible pullback in the near term. The broader Topix was also steady, at 788.90.
Trending On Reuters
Top India News
Prime Minister Narendra Modi has asked for a drastic cutback of an ambitious health care plan after cost estimates came in at $18.5 billion over five years, several government sources said, delaying a promise made in his election manifesto. Full Article
Iran, powers close in on 2-3 page nuclear deal; success uncertain - officials Full Article