Nikkei 225 recovers to 40,000 mark to hit year's high
Tokyo's benchmark stock index recovered to the 40,000 level on Friday for the first time in about six months to close at a year-to-date high. Investors bought in after the Trump administration indicated trade tariff deadlines may be extended, easing concerns about a slowdown in the global economy.
The Nikkei 225 finished the day at 40,150, up 1.4 percent. The gains were led by semiconductor and export-related shares.
The index extended its winning streak to four days.
Analysts say investors are finding more reason to be optimistic about the US economy amid speculation the Federal Reserve may cut interest rates sooner than expected.
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