The Nikkei 225 Index rose 0.6% to above 38,300 while the broader Topix Index gained 0.5% to 2,730 on Thursday, with Japanese shares snapping a two-day losing streak and tracking gains in key Wall Street indexes. These moves came after US President Donald Trump raised hopes of another one-month tariff pause on imports from Mexico and Canada, while also proposing 25% tariffs on European autos and other goods. Investors also took in Nvidia's earnings report, which highlighted strong demand for chips in the growing artificial intelligence sector. In Japan, Seven & I Holdings saw a sharp decline of over 10% after the proposed acquisition by its founding family fell apart due to financing issues. Meanwhile, Itochu surged 4% after announcing it had decided to no longer pursue participation in the Seven & I family's buyout proposal.
Source: Trading Economi
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