Stock market today: Japan's Nikkei 225 hits new record close, leading Asian shares higher

A passerby walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Thursday, July 4, 2024 in Tokyo. – Japan’s benchmark Nikkei 225 surged Thursday to a record close of 40,913.65, leading markets in most of Asia higher.Investors worldwide are keen to see the Federal Reserve cut rates that it has been keeping at two-decade highs to slow growth and tame inflation, and hopes have been reviving that price pressures are easing enough to make that possible.

The Nikkei 225’s all-time high during intraday trading is 41,087.75, on March 22. Its previous record close was 40,888.43, also set on March 22. Taiwan's Taiex jumped 1.5% as chip maker and market heavyweight Taiwan Semiconductor Manufacturing Corp. gained 2.7%.U.S. markets will be closed Thursday for the Independence Day holiday.

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Stock market today: Japan's Nikkei 225 hits new record close, leading Asian shares higherJapan's benchmark Nikkei 225 has surged to a record close of 40,913.65, leading markets in most of Asia higher.
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Stock market today: Japan's Nikkei 225 hits new record close, leading Asian shares higherJapan's benchmark Nikkei 225 has surged to a record close of 40,913.65, leading markets in most of Asia higher. Shares fell in Chinese markets, while U.S. futures edged higher. Oil prices fell. On Wednesday, U.S.
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