TOKYO — Japan’s benchmark index hit a record high for the second straight day Wednesday morning, tracking Wall Street’s strong rebound after U.S. inflation data fueled investor expectations for a rate cut in September.
Japanese stocks track US, climbing on expectations of Fed rate cut
Japan’s stock market rally is bolstered by investor hopes for strong corporate earnings on the back of a trade deal between the U.S. and Japan. (Photo by Shun Kato)
LISA KIM
August 13, 2025 10:42 JST
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