Economic TimesLean R·
Global Market: Japan’s Nikkei extends weekly gains as softer US inflation boosts risk appetite
Japan’s Nikkei 225 rose nearly 1% on Friday and was on track for a strong weekly gain, supported by softer-than-expected US producer prices, easing concerns over an imminent Fed rate hike and stronger global risk appetite. Technology stocks led gains, while lower oil prices also supported sentiment.
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