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Market wrapEconomic Times

Nikkei set for biggest weekly gain in five months

Positive+4

GreyOak summary

Japan's Nikkei is on track for its strongest weekly performance in five months, rising 1.25% to 61,576.91. The rebound is driven by upbeat corporate earnings and renewed optimism for AI stocks, despite uncertainty surrounding Nvidia. Semiconductor stocks led the rally, with the broader Topix also advancing significantly.

What it affects

  • AI and data centresPositive +4

    AI optimism lifts sentiment despite Nvidia uncertainty.Rolling sentiment Positive +20

Source

Read the original at Economic Times

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