US EditionJapan's Nikkei Tops 43,000 for First Time Ever, Extends Rally to Sixth Session
Nikkei's seven-day rally lifts the index 7.5% since early August, driven by Wall Street gains and expectations of a Federal Reserve interest rate cut, with 183 of 225 stocks rising.
7 Articles
7 Articles
Japan's Nikkei tops 43,000 for first time ever
Japan's Nikkei share average breached the 43,000-mark for the first time today, with the broader Topix index also scaling a fresh all-time peak, tracking Wall Street's overnight gains and extending the rally to a sixth session in a row.
Japan’s Nikkei Tops 43,000 for First Time Ever, Extends Rally to Sixth Session
TOKYO, Aug 13 (Reuters) - Japan's Nikkei share average rose above 43,000 for the first time on Wednesday, with the broader Topix index also marking a fresh all-time high, tracking Wall Street's overnight gains and extending the rally into a sixth straight session.
Japan's Nikkei tops 43,000 for first time ever, extends rally to sixth session
TOKYO :Japan's Nikkei share average rose above 43,000 for the first time on Wednesday, with the broader Topix index also marking a fresh all-time high, tracking Wall Street's overnight gains and extending the rally into a sixth straight session.The Nikkei gained as much as 1.4 per cent by 0140 GMT to touch a
In addition to expectations of lower interest rates, investor confidence in the dollar has also been damaged by US President Donald Trump's new attempts to undermine the Fed's independence.
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
