Japanese Market Sharply Higher; Up 3.2%

The Nikkei 225 is surging more than 3% to above the 53,900 level, extending sharp gains from the prior session. The rally is occurring despite broadly negative cues from Wall Street overnight, indicating strong domestic buying and positive market momentum in Japan.

Analysis

The Nikkei 225 is surging more than 3% to above the 53,900 level, extending sharp gains from the prior session. The rally is occurring despite broadly negative cues from Wall Street overnight, indicating strong domestic buying and positive market momentum in Japan.