Global Markets: Japan’s Nikkei rebounds as AI shares gain, oil tempers broader mood

Japan’s Nikkei share average rebounded on Thursday after a three-day losing streak. AI-related shares tracked gains in the U.S. technology sector, boosting the index. Higher oil prices, however, kept investor optimism in check following renewed U.S.-Iran hostilities. The Nikkei 225 index climbed 1.4% to close at 67,743.85 points. Market breadth was negative as gains were skewed by heavily weighted stocks.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Read more at the source

Leave a Reply

Your email address will not be published. Required fields are marked *