Nikkei jumps 3% as tech stocks rally, leading Asia-Pacific markets higher

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Asia-Pacific markets opened higher on Thursday, tracking gains on Wall Street fueled by a tech rally.

Investors will also look toward the release of Hong Kong's producer price index for the second quarter this afternoon.

Japan's producer price index rose 2.5% year-on-year in August, less than the expected 2.8% and the 3% reported in the previous month. The data is among the key indicators closely watched by the Bank of Japan. "AI is not about a chip. AI is about an infrastructure," the founder of the artificial intelligence chip powerhouse said at the Goldman Sachs Communacopia + Technology Conference in San Francisco.

Japan's producer price index rose 2.5% year-on-year in August, less than the expected 2.8% and the 3% reported in the previous month. The data is among the key indicators closely watched by the Bank of Japan. The central bank has signaled it intends to further raise interest rates in coming months.

 

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Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔

Japan stocks lead gains in mixed Asia-Pacific markets with Nikkei up more than 2%Asia-Pacific markets were mixed, after a choppy session overnight in the U.S. as investors awaited key inflation data.
ذریعہ: nbcchicago - 🏆 545. / 51 مزید پڑھ »

Nikkei rises more than 2% as Japan stocks lead gains in mixed Asia-Pacific marketsAsia-Pacific markets were mixed, after a choppy session overnight in the U.S. as investors awaited key inflation data.
ذریعہ: CNBC - 🏆 12. / 72 مزید پڑھ »

Nikkei rises more than 3% as Japan stocks lead gains in mixed Asia-Pacific marketsAsia-Pacific markets were mixed, after a choppy session overnight in the U.S. as investors awaited key inflation data.
ذریعہ: CNBC - 🏆 12. / 72 مزید پڑھ »