{"id":62158,"date":"2022-03-17T11:34:54","date_gmt":"2022-03-17T07:34:54","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=62158"},"modified":"2022-03-17T11:34:57","modified_gmt":"2022-03-17T07:34:57","slug":"nikkei-closes-at-more-than-two-week-high-after-us-interest-rate-hike","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/nikkei-closes-at-more-than-two-week-high-after-us-interest-rate-hike\/03\/17\/market-updates\/","title":{"rendered":"Nikkei Closes at More Than Two-Week High After US Interest Rate Hike"},"content":{"rendered":"\n<p>The Nikkei index closed at its highest level in more than two weeks on Thursday, following a strong rally on Wall Street on Wednesday night, after the Federal Reserve (the US central bank) raised interest rates as expected, while boosting hopes of a breakthrough in the Russian conflict. Ukrainian morale.<\/p>\n\n\n\n<p>The Nikkei index jumped 3.46 percent to 26,652.89 points, its highest closing level since March 1.<\/p>\n\n\n\n<p>The broader Topix index rose 2.47 percent to 1,899.01 points.<\/p>\n\n\n\n<p>And Wall Street&#8217;s main indices rose in the evening after the US central bank raised the interest rate for the first time since 2018, and announced a plan to further raise interest rates to combat inflation.<\/p>\n\n\n\n<p>The SoftBank investment group&#8217;s share jumped 5.89 percent, following the rise in the share of Alibaba, one of the group&#8217;s holdings, by about 40 percent in US trading.<\/p>\n\n\n\n<p>Other leading shares, including Fast Retailing, owner of clothing store Uniqlo, rose 6.92 percent, and Tokyo Electron rose 4.86 percent.<\/p>\n\n\n\n<p>East Japan Railways Corp. fell 1.81 percent after the railway operator suspended express train operations to Fukushima and other areas in the north. The suspension of operations came after a powerful 7.3-magnitude earthquake rocked Japan&#8217;s northeastern coast off Fukushima on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nikkei index closed at its highest level in more than two weeks on Thursday, following a strong rally on Wall Street on Wednesday night, after the Federal Reserve (the US central bank) raised interest rates as expected, while boosting hopes of a breakthrough in the Russian conflict. Ukrainian morale. The Nikkei index jumped 3.46 &hellip;<\/p>\n","protected":false},"author":9,"featured_media":44195,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6939,6971],"class_list":["post-62158","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-japan","tag-nikkei"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=62158"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62158\/revisions"}],"predecessor-version":[{"id":62159,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62158\/revisions\/62159"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44195"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=62158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=62158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=62158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}