Japan Stocks Nikkei 225 Rises, Closes 0.68% Up

Nikkei 225 surges as tech stocks rise and Japan announces a major government budget.

Nikkei 225 closed at 50,750.39, gaining 0.68%. The broader Topix rose to a record high. The Nikkei 225 rally is largely driven by the gains in the tech sector, less-than-expected inflation data, and the announcement of massive government budget spending. Nikkei 225 recorded a weekly gain of 2.5%. The technology sector added 52.79% to the … Read more