US EditionJapan’s Nikkei stock index breaks its 1989 record and surges to an all-time high
- Japan's Nikkei 225 index broke the 1989 record, reaching 39,098.68, reflecting a surge in corporate earnings and attracting foreign investors.
- Unlike the US, Japan's benchmark rate stayed at minus 0.1% for over a decade, impacting market dynamics.
- Technology sector stocks drove market highs, but concerns arose about overdone gains. Foreign investors doubled stock purchases, eyeing yen's weakness.
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Wall Street’s S&P 500 and Japan’s Nikkei hit record highs amid AI boom
European Stoxx 600 index also at fresh high as strong Nvidia results fuel optimism about tech stocksJapan’s main stock index, European shares and Wall Street’s S&P 500 have hit all-time highs, as strong results from the chipmaker Nvidia stoked investor exuberance over an artificial intelligence investment boom.The Nikkei rose 2.19% to end the day at 39,098.68. On the final trading day of 1989, it had closed at 38,915.87. The 34 years it has take…
Japanese stocks surpass 1989 peak
Agencies and staff reporter Japanese stocks have surpassed a record high reached during the nation's economic heyday in 1989 although the country's manufacturing activity fell to its weakest in over three years. Meanwhile, Hong Kong stocks extended the rally yesterday as investors expect stimuli...
Tokio. El Nikkei, el índice referencia de la Bolsa de Tokio, cerró el jueves en el nivel más alto de su historia, batiendo un récord de 1989, antes del brutal estallido de la burbuja especulativa en el país.El Nikkei 225 terminó la sesión con 39.098,68 puntos, superando el récord previo de 38.915,87 puntos registrado el 29 de diciembre de 1989.El índice de la bolsa japonesa ya había crecido un 28%, en 2023, su mejor rendimiento anual en diez año…
Good figures from US chip company Nvidia create a buying mood on the stock exchanges. The DAX jumped to a record high in early trading; in Tokyo, the Nikkei set a new record again after 35 years. [more]
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