Japan's Woman PM Boosts Stocks; AI Chip Mania Continues
Update: 2025-10-07
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Asian stocks rose, led by Japan's Nikkei hitting record highs on optimism over a possible woman prime minister, Sanae Takaichi, and expectations of new economic policies. While mainland China and South Korea were closed for holiday, other regional markets saw mixed trading. On Wall Street, AI excitement continued to drive U.S. stocks, with AMD soaring after an OpenAI deal. Despite some concerns about overheated AI stock prices, markets largely ignored U.S. government shutdown worries.
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