Nasdaq tops 6,000 as earnings boost Wall St; U.S. tax code eyed
NEW YORK The Nasdaq Composite hit a record high on Tuesday, while the Dow and S&P 500 brushed against recent peaks as strong earnings underscored the health of corporate America.
TOKYO Japanese Finance Minister Taro Aso said on Tuesday that he wants the Bank of Japan to have a thorough dialogue with markets in the wake of volatility in the government bond market.
"Governor Kuroda is communicating with the market in a thorough way and I expect the bank to continue to do this," Aso said to reporters after a cabinet meeting.
The BOJ is expected to stand pat on monetary policy this week despite jitters over the recent volatility in bond markets, hoping it can prevent a renewed spike in yields by fine-tuning market operations.
(Reporting by Tetsushi Kajimoto; Editing by Edwina Gibbs)
WASHINGTON The Trump administration may undertake trade actions to protect the U.S. semiconductor, shipbuilding and aluminum industries, citing national security concerns, Commerce Secretary Wilbur Ross told the Wall Street Journal in an interview on Tuesday.