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Japan’s Nikkei 225 share index surges to another record high, approaching 42,000

TOKYO (AP) — Japan’s Nikkei 225 share index has closed at another record high, gaining 0.6% to close Wednesday at 41,831,99. That followed a record close on Tuesday, as world markets tracked gains on Wall Street. The Nikkei 225 index also hit a record intraday high of 41,889.16. The benchmark has advanced nearly 30% in the past year and is up 5% in the past three months. Investors have been snapping up technology-related shares as enthusiasm builds over the potential of artificial intelligence. Export-oriented companies have also seen strong gains since their profits have soared due to the weakness of the Japanese yen.

Article Topic Follows: AP National News

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