Nikkei average hits record high driven by AI stocks

news.yahoo.co.jp (Japanese)

The Nikkei average closed at a record high of 45,769 yen on October 3rd, driven by AI-related stocks. The index saw a rapid surge after a modest opening, with AI sector news, including a partnership between Hitachi and OpenAI's CEO's visit, significantly boosting large-cap stocks. This record was achieved amid cautious remarks from the Bank of Japan governor regarding interest rate hikes, contributing to a weaker yen and further stock market gains.


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