TOKYO -- Japanese stocks rose sharply on Friday, at one point breaching the 42,000 mark, as investors welcomed a possible U.S. interest rate cut, as well as clarity on the Tokyo-Washington trade deal.
Markets
Japan stocks jump nearly 2% on trade deal clarity, US rate cut hopes
Strong earnings results push SoftBank Group, Sony shares to record highs
Speculation is spreading in the market about a rate cut in the U.S. as President Donald Trump continues his criticism against Federal Reserve Chair Jerome Powell. (Photo by Hazumu Urushiyama)
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