Nikkei’s Rally Seen Vulnerable With Few Stocks Driving Gains
Japan’s blue-chip stock gauge jumped 2.2% to mark a fresh record today, but only a handful of names did the heavy lifting, a sign that the rally’s narrow breadth could...
By Momoka Yokoyama, Garfield Reynolds · Bloomberg Markets
Japan’s blue-chip stock gauge jumped 2.2% to mark a fresh record today, but only a handful of names did the heavy lifting, a sign that the rally’s narrow breadth could leave it vulnerable to a potential correction.