Tokyo stocks open higher after Fed says to keep monetary easing

Economy

Tokyo stocks opened higher Thursday as investor sentiment was lifted by the U.S. Federal Reserve signaling it would stick to its monetary easing policy and keep its benchmark interest rate near zero through the end of 2023. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 423.20 points, or 1.41 percent, from Wednesday to 30,337.53, its highest intraday level since Feb. 22. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 17.67 points, or 0.89 percent, at 2,001.70, topping the 2,000 mark for the first time since May 1991. Gainers ...

Kyodo News

Kyodo News