Market Gauge: Points and Monday

market gauge: On Monday, the key market gauge surged 270.95 points. ; The Topix, which covers all first-section issues, ended up 15.19 points, or 0.94 percent, at 1,627.45 after gaining 18.72 points Monday, according to The Japan Times. Stocks attracted brisk purchases after U.S. equities gained sharply Monday on the back of receding geopolitical risks over North Korea and smaller than expected damage caused by Hurricane Irma on the United States, brokers said. The Nikkei jumped 230.85 points, or 1.18 percent, to close at 19,776.62, its best since Aug. 8. The dollar's strengthening above 109 also helped lift Tokyo stocks, brokers said. The official attributed the Tokyo market's surge Tuesday to buybacks by foreign investors who followed in the footsteps of domestic investors. U.S. stocks fared well as investors took heart from the absence of provocations by North Korea on the reclusive state's national foundation anniversary Saturday, an official of a bank-affiliated securities firm said. (news.financializer.com). As reported in the news.