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Markets

Japan's Nikkei index recovers pre-coronavirus level

'PM Suga' speculation and Wall Street bounce push up Tokyo stocks 1% to 23,465

The Nikkei Stock Average regained its pre-pandemic level for the first time on Thursday, September 3, 2020. (Photo by Shihoko Nakaoka) 

TOKYO -- Japan's equity benchmark Nikkei Stock Average gained 1% on Thursday to regain its pre-pandemic level for the first time.

The Nikkei index rose 218 points to close at 23,465, a six-and-a-half month high that puts investors where they were before the coronavirus sent the market tumbling in February.

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