Tokyo's Nikkei Rebounds After Eight Losing Sessions

Category: Finance

Japan's blue chip stocks rebounded in morning trade, with the Nikkei 225 rising 2.64% to 38,663.03 and the Topix index increasing 2.49% to 2,766.64. This surge follows a period of losses attributed to global investor behavior and is influenced by expectations of US interest rate cuts and the upcoming Bank of Japan policy meeting.

Keywords: Japan, Nikkei 225, stock market

Source: Barron's

Update At: 8/6/2024

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