Nikkei logs another record high near 40,000, with China stocks rising after mixed data [MarketWatch]
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Source: MarketWatch
Want to see it on more articles? Give your feedback below or email audiofeedback@marketwatch.com thumb-stroke-medium thumb-stroke-medium HONG KONG (AP) — Japan's main stock market index on Friday surged to another record high near the 40,000 level, while China stocks also rose despite mixed data. U.S. stocks climbed to all-time highs Thursday, and U.S. futures edged higher. Tokyo's Nikkei 225 JP:NIK closed up 1.9% at 39,910.82, after hitting a session high of 39,990.23. That surpassed a record set Tuesday of 39,239.52. Last week saw the index finally surpassed its peak from 1989. Advertisement Tech names helped boost the index, as the sector rallied in the U.S. overnight. Tokyo Electron surged 4%, Trend Micro rose 3.8% and Advantest which makes chip-testing equipment and counts Nvidia NVDA, as a customer, climbed 3%. “Overseas buying interest has propped up share prices, along with a weaker yen which has boosted prospects for exporters, even though the latest reading
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