Nikkei rises after Fed cut, but faces resistance at 23,000
30 Oct Nikkei rises after Fed cut, but faces resistance at 23,000
Posted at 06:34h
in
News
by KMFSLLP
Japan’s Nikkei edged higher on
Thursday after the U.S. Federal Reserve cut interest rates, but
the market faced tough resistance as investors were eager to
lock in profits after stellar gains this month.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/wfnpIVuN49A)
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