The Business Times

Tokyo: Stocks close up nearly 3%

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Published Tue, Oct 4, 2022 · 02:23 PM
    • The benchmark Nikkei 225 index jumped 2.96 per cent, or 776.42 points, to close at 26,992.21.
    • The benchmark Nikkei 225 index jumped 2.96 per cent, or 776.42 points, to close at 26,992.21. PHOTO: REUTERS

    TOKYO stocks surged on Tuesday (Oct 4) after Wall Street shares rebounded, with soft US data fuelling speculation that Fed officials may slow efforts to hike interest rates.

    The benchmark Nikkei 225 index jumped 2.96 per cent, or 776.42 points, to close at 26,992.21, while the broader Topix index added 3.21 per cent, or 59.31 points, to 1,906.89. AFP

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