Tokyo stocks open higher on US rallies | Malay Mail

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TOKYO, Jan 21 — Tokyo stocks opened higher today, extending US rallies on hopes of new stimulus after President Joe Biden took office, with traders awaiting a Bank of Japan policy decision. The benchmark Nikkei 225 index was up 0.86 per cent, or 246.13 points, to 28,769.39 in early trade, while...

The benchmark Nikkei 225 index was up 0.86 per cent, or 246.13 points, to 28,769.39 in early trade, while the broader Topix index advanced 0.68 per cent, or 12.57 points, to 1,862.15. — Reuters pic

The benchmark Nikkei 225 index was up 0.86 per cent, or 246.13 points, to 28,769.39 in early trade, while the broader Topix index advanced 0.68 per cent, or 12.57 points, to 1,862.15. “Encouragingly Pfizer/BioNTech also released a study that suggests their vaccine is as effective against the UK variant,” though it was a microstudy of 16 people, he added.

The Dow and S&P 500 posted all-time highs, but none gained more than the Nasdaq, which climbed 2.0 per cent to a new record thanks in part to Netflix, which saw its share price surge after strong quarterly earnings.

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