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Nikkei Ends Above 53,000 for 1st Time; Dollar Drops to 158 Yen Level
The Nikkei 225 surged 3.1% to a record close above 53,000 amid speculation of a snap election expected to boost fiscal spending and weaken the yen.
Summary by Japan Today
5 Articles
5 Articles
Japan’s Nikkei Stock Average Ends above 53,000 for 1st Time
Tokyo, Jan. 13 (Jiji Press)—Japan’s benchmark Nikkei 225 stock average finished above 53,000 for the first time on Tuesday, attracting buying on media reports that Japanese Prime Minister Sanae Takaichi is considering calling a snap general election.
·Japan
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On the Tokyo Stock Exchange on the 14th, the Nikkei Stock Average rose, hitting the 54,000 yen level for the first time, with the increase exceeding 400 yen at one point.
Japanese stocks gained sharply and the yen weakened on reports that Sanae Takaichi's government is seeking early parliamentary elections in February.
·Poland
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Nikkei index hits historic highs as the yen weakens in the face of anticipation of early elections
Coverage Details
Total News Sources5
Leaning Left1Leaning Right1Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
Factuality
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