Japan’s Nikkei jumps 3% on Wall Street strength, bargain-buying
The Nikkei share average advanced 2.96% to 26,992.21 in broad-based buying, marking its biggest daily gain since March 23, and posting its highest close since Sept. 22.The broader Topix jumped 3.21% to 1,906.89 in its sharpest daily gain since March 10.Wall Street’s three major indexes rallied more than 2% on Monday, as Treasury yields tumbled on weaker-than-expected manufacturing data, increasing the appeal of stocks.
