Japan’s Nikkei 225 vaulted past 62,000 for the first time on Thursday. The index climbed 5% in a broad rally that pushed major tech, materials, and electronics names to double-digit single-day gains.
Electronics maker Ibiden led the board with a 22.43% surge. SoftBank Group jumped 16.45%, and Mitsui Kinzoku gained 17.05%.
Renesas Electronics rose 13.42%, and chemical firm Tosoh Corporation added 11.03%.
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Global Tech Momentum Spills Into Asian Markets
Other Asian markets rose modestly. Hong Kong’s Hang Seng added 1.48%. China’s CSI 300 edged up 0.13%, and Australia’s S&P/ASX 200 advanced 0.83%. South Korea’s.
The advance came as Wall Street’s tech-heavy Nasdaq hit another record. The S&P 500 also closed at an all-time high of 7,365. The index has gained more than 16% since its March 30 low.
Today’s surge came after Tokyo Golden Week holidays. The reopen allowed investors to absorb a week of US tech sector strength at once, amplifying the upside at the open. Wall Street tech earnings have also set a strong backdrop.
Iran Talks Inject Mixed Signals
Markets are also weighing developments in US-Iran negotiations. President Donald Trump told PBS that an agreement could land before his upcoming visit to China.
However, Trump also .
Whether Japan’s rally extends will depend on continued AI momentum and the trajectory of Iran negotiations.
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