Nikkei reaches 33-year high on weak yen and US optimism.
TL;DR Summary
Japan's Nikkei share average rose to its highest level since July 1990, driven by optimism over a U.S. debt ceiling deal and a weaker yen. Shares of Japanese chip-related companies continued to outperform after AI euphoria lifted Wall Street peers. The Nikkei's higher weightage towards exporter stocks saw it reap greater gains from the yen's drop to the cusp of 141 per dollar for the first time in six months.
- Japan's Nikkei share average rises to highest since July 1990 Reuters
- Asian markets rally over tentative US Debt deal | World Business Watch WION
- Japan’s Nikkei hits 33-year high on weak yen, US optimism Al Jazeera English
- Nikkei ends at new 33-yr high on U.S. debt ceiling deal, weak yen Kyodo News Plus
- Japan's Nikkei hits 1990 high on weak yen, US optimism; SoftBank surges Reuters
Reading Insights
Total Reads
0
Unique Readers
9
Time Saved
1 min
vs 2 min read
Condensed
79%
338 → 70 words
Want the full story? Read the original article
Read on Reuters