Japanese Stock Market Surges Towards 40,000-Point Milestone
The Japanese stock market continued its upward trend, gaining over 230 points in two days. The Nikkei 225 is expected to open in the green on Thursday, following positive global market forecasts, especially in the technology sector. On Wednesday, the Nikkei closed higher, driven by financial shares. Nissan Motor shares fell while Honda Motor soared. Wall Street also saw modest gains, with the Dow, NASDAQ, and S&P 500 all closing higher. Nvidia’s stock rose, pushing the company’s market cap to $4 trillion. Crude oil prices inched up, despite a jump in U.S. oil inventories. Japan is set to release producer price data for June.
Read more at “Nasdaq”: Japan Bourse May Break Through 40,000-Point Barrier