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Nikkei Stock Average rises 2.0% as Fed rate hike expectations ease
The Nikkei Stock Average rose 2.0% to 69651.14 in early trade, with electronics and machinery stocks leading gains. This surge followed a weak U.S. jobs report, which lowered expectations for further Federal Reserve rate increases. Advantest was up 4.0% and Mitsubishi Heavy Industries rose 3.07%.
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