News Reports: Points and Japanese Government

news reports: The market got off to a robust start, after Bloomberg reported Wednesday that the United States and China are moving closer to agreeing on a tariff rollback in the so-called phase one trade deal, according to The Japan Times. U.S. President Donald Trump's comment that trade negotiations with China are going very well brightened sentiment as well, brokers said. The Nikkei average of 225 blue chips listed on the Tokyo Stock Exchange advanced 164.86 points, or 0.71 percent, to end at 23,300.09, after diving 244.58 points Wednesday. ; The Topix index of all TSE first-section issues finished up 8.14 points, or 0.48 percent, at 1,711.41, following a 3.46-point drop the previous day. News reports that the Japanese government will adopt a fresh stimulus package worth 13 trillion later Thursday also kept stocks buoyant throughout the session, although investors refrained from active buying after the early morning market spurt, they noted. Observing that the market has been swayed by Trump's comments, Miura pointed out that participants have no idea what will happen next concerning the trade deal. Unable to take the Trump remark at face value, investors retreated to the sidelines to wait for fresh incentives in the afternoon, said Yutaka Miura, senior technical analyst at Mizuho Securities Co. (news.financializer.com). As reported in the news.