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Japan's Nikkei on track for best week in 5 months despite Nvidia turmoil
TOKYO: Japan’s Nikkei share average was on track for its best week in five months on Friday, rebounding from a sharp drop the previous week as upbeat earnings and renewed AI optimism lifted sentiment, despite turmoil surrounding chipmaker Nvidia. The Nikkei was up 1.25% at 61,576.91, as of 0140 GMT, putting the index on track to finish the week with a 7.3% weekly gain, its biggest since the week of June 15. The broader Topix advanced 0.63% to 3,962.08 and was headed for a weekly gain of about 7%, its strongest since mid-August 2024. Semiconductor stocks led the Nikkei’s advance, with Advantest...
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