Reported about 7 hours ago
Japan's Nikkei 225 Stock Average has crossed the significant 50,000 level for the first time, propelled by positive investor sentiment stemming from growth optimism under the new prime minister, Sanae Takaichi, and decreasing US-China tensions. The index rose 2.4% to reach 50,491.23, with defense and chip-related stocks leading the surge. Investors are now looking toward upcoming corporate earnings reports, including those from major firms like Advantest Corp., amidst a broader market rebound driven by AI-related stocks.
Source: YAHOO