
Japanese Shares Rebound as Oil Retreats

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Japanese shares rebounded on Tuesday, with the Nikkei 225 Index rising 2.8% to over 54,000 and the Topix Index gaining 2% to 3,650. This recovery followed a decline in oil prices below $100 a barrel, alleviating stagflation concerns. The rebound was supported by upward revisions in Japan's fourth-quarter GDP growth to 0.3%. Tech stocks, including Kioxia Holdings and Fujikura, led the gains, alongside advances in financial, consumer, and defense sectors.
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