Tokyo Stock Exchange
12:26 JST, June 3, 2024 (updated at 15:50 JST)
TOKYO (Reuters) – Japan’s Nikkei share average rose on Monday, tracking Wall Street higher as a U.S. inflation report supported expectations for interest rate cuts in the world’s largest economy this year.
The Nikkei closed up 1.13% at 38,923.03, hitting the psychologically significant 39,000-point mark earlier in the session.
The broader Topix finished 0.92% higher at 2798.07.
The sentiment was up as the market reacted to the U.S. personal consumption expenditures (PCE) price index released on Friday, which increased…
