Record-breaking Surge in Nikkei Stock Index Driven by Tech Sector Growth

Thursday, 11 July 2024, 06:37

The Nikkei stock index has reached a historic milestone, surpassing 42,000 for the first time due to strong performance in the tech sector. Apple Inc. suppliers and other technology stocks have contributed to this remarkable achievement, fueled by positive sentiment around corporate earnings.
Kyodonews
Record-breaking Surge in Nikkei Stock Index Driven by Tech Sector Growth

Record-breaking Surge in Nikkei Stock Index

The Nikkei stock index has hit a historic high, breaching the 42,000 mark for the first time.

Tech Sector Growth Driving the Surge

Strong performance in the tech sector, including Apple Inc. suppliers, has been a key factor in this achievement.

Optimism in Corporate Earnings

Investor optimism surrounding corporate earnings has also played a significant role in boosting the Nikkei stock index.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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