product data: On Thursday, the key market gauge fell 171.35 points. ; The Topix index of all first-section issues gained 8.06 points, or 0.50 percent, to end at 1,615.72, according to The Japan Times. It lost 12.76 points the previous day. The 225-issue Nikkei average rose 217.53 points, or 1.02 percent, to close at 21,602.69. Investors bought back shares as the dollar hit fresh two-month highs far above 111.50 following the release of stronger-than-expected U.S. gross domestic product data for October-December and the Chicago purchasing managers index for February, brokers said. A rise in U.S. Dow Jones industrial average futures in off-hours trading was also positive for Japanese stocks, according to the brokers. The office of the U.S. Trade Representative on Thursday meanwhile announced it would suspend an additional tariff hike scheduled for Chinese imports until further notice, helping to improve sentiment in the Tokyo market, the brokers said.
(news.financializer.com). As
reported in the news.
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