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The Economic Times
The Economic Times
Business

Japan's Nikkei closes at record high near 70,000 on AI boost

Japan United States US Federal Reserve Oil Iran Middle East

Japan's ​Nikkei share average closed at a ​record high for a third straight session on Wednesday, ​ending just shy of the 70,000 mark, on easing concerns over the Middle East conflict and sustained buying in AI-related shares ahead of the U.S. Federal Reserve's policy decision.

The Nikkei ‌rose 0.7% to ⁠close ⁠at 69,902.25 after touching an intraday high of 70,125.75. The broader Topix climbed 0.6% to 4,013.23.

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