Tokyo's benchmark stock index briefly touched the 40,000 level on Thursday for the first time in about two months. This followed the tech-heavy Nasdaq in the US hitting a record high overnight.
The Nikkei 225 ended at 39,849, up 1.2 percent, with semiconductor-related shares leading the way. At one point the index was up more than 700 points, but it edged back later.
The result extends the Nikkei's winning streak to 4 days. It comes on the heels of the Nasdaq surge in New York. Investors bought in after the US Consumer Price Index for November was in line with expectations, reinforcing the view the Federal Reserve is likely to cut rates at its meeting next week.
The Nikkei 225 ended at 39,849, up 1.2 percent, with semiconductor-related shares leading the way. At one point the index was up more than 700 points, but it edged back later.
The result extends the Nikkei's winning streak to 4 days. It comes on the heels of the Nasdaq surge in New York. Investors bought in after the US Consumer Price Index for November was in line with expectations, reinforcing the view the Federal Reserve is likely to cut rates at its meeting next week.
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Summary
Tokyo's Nikkei 225 stock index temporarily reached 40,000 on Thursday, marking a two-month high. This surge follows the record-breaking Nasdaq in the U.S. The Nikkei closed at 39,849, up 1.2%, with semiconductor stocks leading gains. The index peaked over 700 points but later retreated. This
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ID: d1ac3a33-3d4b-4870-87fd-085dd1f5fc38
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20241212_B06/
Created: 2024/12/13 07:00
Updated: 2025/12/08 07:53
Last Read: 2024/12/13 07:49