Nikkei tops 32,000 mark, hitting 33-year high on Wall Street surge

0
np_file_231523-870x489.jpeg

The Nikkei stock index jumped Monday to a 33-year high, as investor sentiment was boosted by a surge in U.S. stocks late last week and robust jobs data for May.

The 225-issue Nikkei Stock Average ended up 693.21 points, or 2.20%, from Friday at 32,217.43, its highest close since July 20, 1990, when Japan was experiencing an asset price bubble.

The broader Topix index finished 37.09 points, or 1.70%, higher at 2,219.79, its highest close since Aug. 1, 1990.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *