Tokyo Stocks Rise on Hormuz Hope and Dell Results
The Japanese Nikkei index rose by 2.1% to approach its all-time high, supported by optimism regarding the potential extension of the ceasefire between the United States and Iran in the Strait of Hormuz, along with positive financial outlooks announced by Dell Technologies. This boosted investors’ appetite for technology and artificial intelligence stocks. As a result, the Nikkei achieved weekly gains of up to 4.1%, with a significant rise in the shares of AI companies such as SoftBank Group.
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