The Nikkei Stock Average rose into the ¥70,000 range in Tokyo trading on the 5th, reaching a level not seen for approximately 3 months. Multiple headlines reported a sharp intraday gain.
The Nikkei Stock Average rose into the ¥70,000 range in Tokyo trading on the 5th, recovering to a level not seen for 3 months.
The Nikkei was reported to be up more than ¥1,700 in morning trading, with market conditions described as active that day.
At one point that day, the Nikkei was also reported to be up more than ¥1,200, with a rapid rise reported.
Headlines also noted expectations that rising interest rates could weigh on the market, while market trends continue to attract attention.