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Nikkei index hits 27-year high as Japan’s investor anxiety eases

Weak yen, Nafta deal drives optimism for earnings upgrade

Japan’s Nikkei average rose to a 27-year high on Oct. 1.  (Photo by Keiichiro Sato)

TOKYO -- Japan's Nikkei Stock Average on Monday hit a fresh 27-year high as a weaker yen and an agreement by the U.S. and Canada to revise the North American Free Trade Agreement renewed optimism for earnings growth.

The benchmark stock index closed 0.5% higher to end at 24,245.76 -- its highest finish since November 1991.

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