Japan's Nikkei average rises 2.1% following U.S. rate cut

Yen's limited appreciation driving stocks higher, Monex says

20240919 Fed market reaction

A screen on the trading floor displays a news conference with Federal Reserve Chair Jerome Powell following the rate announcement on Wednesday. © Reuters

LISA KIM and ECHO WONG, Nikkei staff writers

TOKYO/HONG KONG -- Japanese stocks rose Thursday on the weaker yen and greater clarity over the direction of U.S. monetary policy.

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