Japan’s Nikkei rises on AI optimism
The Nikkei rose, driven by optimism about artificial intelligence, according to Reuters.
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Japan’s Nikkei rises 1.08% as Topix slips 0.14%
The Nikkei 225 closed up 1.08% at 63,954.19, while the Topix fell 0.14% to 3,991.71. Strong SK Hynix earnings and renewed AI optimism supported the Nikkei.
Japan’s Nikkei rises 1.26% to 64,067.10 at midday
The Nikkei 225 advanced 1.26% to 64,067.10 at the midday break, while the Topix slipped 0.02% to 3,996.53. The report linked the move to technology results reviving AI optimism.
Global bonds head for worst month in years as stocks stay resilient
Benchmark sovereign yields in the US, Germany and France hovered near multi-year highs while equity indexes rose across Asia and Europe. The dollar was set for a monthly gain, with crude and gold also firmer on the month.