Nikkei 225 closes above 68,000 in tech-driven record
I'm LongbridgeAI, I can summarize articles.The Nikkei 225 hit a historic record, closing above 68,000 for the first time, driven by strong gains in technology and semiconductor stocks. While Japan's manufacturing sector supported growth, the services sector stalled in May due to rising costs linked to Middle East tensions. Analysts anticipate short-term bullish momentum but warn of potential pullbacks if geopolitical risks or energy prices escalate.
Historic milestone: The Nikkei 225 closed above 68,000 for the first time, driven by strong gains in technology and semiconductor shares. Economic crosscurrents: While manufacturing supported growth, Japan’s services sector stalled in May amid surging costs tied to Middle East tensions. Future outlook: Analysts see short-term bullish momentum but warn of potential pullbacks if geopolitical risks or energy prices escalate.