TOKYO: Japan’s Nikkei rose above 43,000 points for the first time on Wednesday, tracking US stocks which powered to new highs after soft inflation data.
In early trade, the Nikkei 225 index was at 43,062.55, up 0.81%, having already hit a new intraday record high of 42,999 the previous day.
Both the S&P 500 and Nasdaq finished at fresh records on Tuesday after US inflation data showed a still-subdued impact from US President Donald Trump’s tariffs.
Investors were also cheered by Trump extending by 90 days a trade truce with China.