Nikkei jumps 2.5% above 70,000 to three-month high as AI stocks rally

Direct Source Verification: This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
Japan's Nikkei index experienced a remarkable rise of over 2% on Monday, breaking the 70,000 mark for the first time in three months. The surge was largely driven by chip manufacturers like Tokyo Electron and Advantest, while Kioxia's contribution fell short. The optimistic trend...
Japan's Nikkei index experienced a remarkable rise of over 2% on Monday, breaking the 70,000 mark for the first time in three months. The surge was largely driven by chip manufacturers like Tokyo Electron and Advantest, while Kioxia's contribution fell short. The optimistic trend in Japanese stocks was fueled by Wall Street's strong performance, stemming from weaker US jobs data alleviating rate hike anxieties.
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https://timesofindia.indiatimes.com/business/international-business/japans-nikkei-jumps-2-5-above-70000-to-three-month-high-as-ai-stocks-rally/articleshow/134684890.cms
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