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Japan's Nikkei 225 Index Hits New Record Highs Amid Investor Optimism

The benchmark index has surged nearly 30% in the past year, driven by technology shares and a weak yen.

  • Nikkei 225 closed at 41,831.99, marking another record high.
  • The index gained 0.6% on Wednesday and hit an intraday high of 41,889.16.
  • Technology-related shares and export-oriented companies have been major contributors to the surge.
  • The weak yen has boosted profits for Japanese exporters, attracting both domestic and foreign investors.
  • Investors are also hopeful about upcoming U.S. consumer price index data and potential Federal Reserve interest rate cuts.
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