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Stock impact report

Japan's Nikkei Reaches New High as Earnings Help Fuel Rebound [Yahoo! Finance]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Yahoo! Finance
The Nikkei rebounded from Monday's drop to rise 3.9%, closing at a record 54,720.66. The broader Topix index also advanced 3.1%, marking the biggest gain for both benchmarks since Oct. 6. Most Read from Bloomberg ICE Begins Buying ‘Mega' Warehouse Detention Centers Across US LA's $1.2 Billion Graffiti Towers Reach Bankruptcy Exit Deal Congestion Pricing's Unexpected Winners: Suburban Drivers Chicago Office Tower Sells at an 87% Discount to Pre-Covid Price Forget Free NYC Buses: Just Build 41 Miles of New Subways Tech-related firms like TDK Corp. and Kyocera Corp. were among the Nikkei's top gainers after their quarterly earnings exceeded market expectations. AI names such as Fujikura Ltd. and Ibiden Co. were also strong amid widespread risk-on sentiment. Banks helped support the Topix, with Mizuho Financial Group Inc. climbing 6.1% after its profit beat estimates and Japan's third-largest lender expanded its share buyback program. “All caution seems to have vanished Show less Read more
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