"Japan's Nikkei Hits 34-Year Record High, Surpassing 1989 Peak"
TL;DR Summary
Japan's stock market reached a record high for the first time in 34 years, driven by strong gains in semiconductor stocks and a weaker yen benefiting exporters. The Nikkei index closed at 39,098.68 points, up 2.2%, and has been on a strong upward trend due to robust corporate earnings, currency dynamics, and foreign investor interest. The rally is also supported by optimism around corporate governance reforms and foreign inflows, with Japanese technology companies showing promise amid growing demand for AI.
- Japan’s stock market cheers first record high in 34 years CNN
- Japan’s Nikkei Hits Record High, Surpassing 1989 Peak The New York Times
- Stock Market Today: Dow, S&P Live Updates for February 22 Bloomberg
- Tokyo Stocks Near Record High After Nvidia Earnings Barron's
- Japan's Nikkei average surpasses all-time high recorded in 1989 Nikkei Asia
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