Asia Stocks Rally as Nikkei 225 Hits Record High on Japan Election and Chip Rebound [Daily Finance]
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Source: Daily Finance
all-time high following Prime Minister Sanae Takaichi's decisive election victory. Investors interpreted the result as a green light for aggressive fiscal stimulus, infrastructure spending, and reforms in high-growth sectors including artificial intelligence, semiconductors, and energy security. The market momentum was further supported by a rebound in U.S. chip stocks. Nvidia jumped nearly eight percent, AMD rose over eight percent, and Broadcom advanced seven percent, easing concerns over the massive capital expenditure planned by U.S. tech giants this year, estimated at more than six hundred fifty billion dollars. Bargain hunting in previously beaten-down momentum plays, including silver, also boosted investor sentiment. Japan Election Fuels Pro-Growth Optimism Takaichi's stable majority has cleared the path for tax cuts and debt-driven fiscal stimulus, positioning Japan as a reform and momentum story after years of contrarian investor sentiment. Marc Jocum, senior investment
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- Tech stocks push Canada, U.S. markets higher as precious metals also rise [Advisor.ca (Canada)]Advisor.ca
- Stocks drift higher as gold, silver and bitcoin stabilize [Los Angeles Times (CA)]Los Angeles Times
- Broadcom and 2 More Chip Stocks Poised for Upside, According to Technical Analysis [Barron's]Barrons
- Tokyo takes off [Yahoo! Finance Canada]Yahoo! Finance Canada
- World shares rally and Japan's Nikkei 225 jumps after a big victory for PM Takaichi's ruling party [BNN Bloomberg (Canada)]BNN Bloomberg
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