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Japan's Nikkei rises for third day as data, earnings fuel AI optimism
TOKYO: Japan’s Nikkei share gauge climbed for a third straight session on Wednesday, as data and earnings reports restored some optimism to the battered AI sector. The benchmark Nikkei 225 advanced 0.80% to 60,942.48 as of the midday break. The broader Topix climbed 0.79% to 3,924.51. Japanese manufacturers’ sentiment rose to its strongest level in more than five years in November, a Reuters poll showed on Wednesday, as booming semiconductor demand underpinned broad-based optimism. While US stocks closed lower overnight, as hotter-than-expected inflation data raised expectations for a Federal ...
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