Nikkei Gains Nearly 700 Points as Chipmakers Lead Tokyo Market

Japanese stocks extended their recovery on October 28, with the Nikkei 225 closing at 63,954.19 at 3:30 p.m. Tokyo time, up 685.82 points, or 1.08%, from the previous session, as strong demand for artificial intelligence-related semiconductor shares lifted the benchmark for a second consecutive day, even as the broader market weakened ahead of major interest rate decisions in Japan and the United States. (News On Japan)

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.