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▼ Nikkei 225 Gains After Trump Drops Greenland Tariff Threat
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Japan's Nikkei 225 stock index rose for the first time in six trading days on Thursday. Investors turned bullish after US President Donald Trump backed away from imposing tariffs on countries that oppose his plan to acquire Greenland.
The Tokyo benchmark ended the day up 1.7 percent at 53,688. Before Trump's move, investors had been anxious about a possible escalation of trade tensions between the United States and European nations.
The Nikkei index had fallen for five straight sessions through Wednesday after setting a record closing high above the 54,000 mark last week.
The Tokyo benchmark ended the day up 1.7 percent at 53,688. Before Trump's move, investors had been anxious about a possible escalation of trade tensions between the United States and European nations.
The Nikkei index had fallen for five straight sessions through Wednesday after setting a record closing high above the 54,000 mark last week.
- 22/1 20:14
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