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Japan’s Nikkei got an AI-powered boost on Monday, jumping over 2% to cross 70,000 for the first time in three months. Benchmark index Nikkei climbed 2.53% to 70,037.61 by the midday break, while the broader Topix gained 1.16% to 4,138.57.
Japans Nikkei surged 2.53% to a three-month high, led by AI and chip stocks following Wall Street gains. Advantest and Tokyo Electron rallied, while SoftBank also advanced. Easing expectations for a Federal Reserve rate hike supported sentiment, though investors remained selective amid a more cautious outlook for the…
Japan’s Nikkei jumped more than 2% after Wall Street’s Friday rally, with Advantest and Tokyo Electron among the biggest movers.