Points Monday: Market and Points

points monday: On Friday, the key market gauge rose 163.83 points. ; The Topix, which covers all first-section issues on the Tokyo Stock Exchange, finished 11.05 points, or 0.69 percent, higher at 1,613.68 after gaining 14.34 points Monday, according to The Japan Times. The market surged from the outset on robust purchases of semiconductor-linked issues. The Nikkei 225 average climbed 133.65 points, or 0.62 percent, to end at 21,584.50. This came after the U.S. chip sector led the Wall Street advance on a Chinese media report about substantial progress in U.S.-China trade negotiations, brokers said. Higher Chinese stocks also helped the market extend its winning streak to a second market day, according to Yutaka Miura, senior technical analyst at Mizuho Securities Co. Stocks maintained their strength throughout the day, though they failed to rise further due to selling on a rally, the brokers said. (news.financializer.com). As reported in the news.

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