US Stock Market Falls Amid Rising Interest Rates and Inflation Concerns
The Tokyo stock market forecast range is ¥65,600 to ¥66,200, following a closing price of ¥66,405.56 on the 28th.
Wall Street's outlook this week includes jobs reports and Broadcom earnings as key hurdles for the stock market.
US Fed Chair Powell does not rule out rate hikes, citing 'inflation is too high,' with a prominent US economist predicting a 90% probability of a rate hike within the year amid inflation concerns.