The Japanese yen weakened against the US dollar on Friday. Investors are watching for possible intervention to support the yen. The dollar saw a slight gain against the euro amid low trading volumes. Japan’s government proposed record spending for the next fiscal year. Core consumer inflation in Tokyo slowed but remained above the Bank of Japan’s target.
Apple briefly tops $5 trillion in market value, second after Nvidia; unveils iPhone leasing scheme
Apple briefly surpassed $5 trillion in market value, becoming only the second company after Nvidia to reach the historic milestone.