Japan's Nikkei Regains the 70,000 Mark as AI Optimism Fuels Market Rally
AI news brief: Japanese stocks surged in early Monday trading on AI optimism, with the Nikkei breaking through the 70,000 mark intraday for the first time in three months. Tech stocks led the rally, pushing Tokyo markets to a three-month intraday high. The main trigger for the shift in sentiment was US labor market data: the September US nonfarm payrolls report showed job growth coming in below market expectations, leading investors to scale back bets on a Fed rate hike this month.