Tech Stocks Drive Nikkei to 34-Year Peak

Japan’s Nikkei Hits 34-Year High on Tech Surge and Strong Earnings

Tokyo, Japan – Japan’s Nikkei share average soared to a fresh 34-year high on Tuesday as trading resumed after a long holiday weekend, driven by a rally in tech-related shares and robust corporate earnings. The benchmark stock index, the Nikkei, surged 2.44% to reach 37,798.89 by the midday close, marking its highest level since February 1990. Out of the index’s 225 constituents, 185 saw gains while 39 declined. The broader market also rose by 1.85%.