Nikkei Stock Average Closes Nearly Flat After Brief Record High
Japan’s Nikkei 225 index rose above 66,000 for the first time on Wednesday morning before closing almost unchanged. The benchmark finished at 64,999.41, up 3.32 points from the prior session.
japantimes.co.jpJapan’s Nikkei 225 stock average closed nearly flat on Wednesday after briefly surpassing 66,000 for the first time. 32 points from Tuesday. 20 percent, from the previous close. S. technology stocks supported the early advance.
U.S. market on Tuesday, with Micron Technology advancing on strong demand for memory chips used in artificial intelligence data centers. Similar buying appeared in Tokyo on Wednesday for semiconductor and electronic component stocks. Profit-taking sales later reduced the gains, market sources said. The index ended the session only marginally higher after the initial buying subsided.
Key Facts
Story Timeline
2 events- Wednesday morning
Nikkei 225 hit intraday high of 66,428.81, up 1,432.72 points from Tuesday.
1 sourceJapan Times - Wednesday close
Index finished at 64,999.41, up 3.32 points from previous session.
1 sourceJapan Times
Potential Impact
- 01
Traders may monitor semiconductor demand and U.S. tech performance for further moves.
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