TOKYO - The Nikkei stock index on Tuesday briefly topped 70,000 for the first time, as concerns eased after the Bank of Japan lifted its key policy rate to 1 percent in line with market expectations.
At 12:50 p.m., the 225-issue Nikkei Stock Average was up 523.52 points, or 0.76 percent, from Monday to 69,841.02, after marking 70,020.68 at one point.
Stocks had been on an upward trend following an agreement between the United States and Iran to end the war in the Middle East.
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