Nikkei ends up over 3% on hopes for AI growth, U.S.-Iran deal

Tokyo stocks rose Wednesday, with the Nikkei stock index ending up over 3 percent, lifted by optimism for AI demand growth and a U.S.-Iran deal to reopen the Strait of Hormuz.The 225-issue Nikkei Stock Average ended up 2,342.91 points, or 3.66 percent, from Tuesday at 66,300.44. The broader Topix index finished 84.39 points, or 2.13 percent, higher at 4,046.17.On the top-tier Prime Market, the main gainers were nonferrous metal, information and communication and glass and ceramics product issues.The U.S. dollar strengthened to the upper 157 yen range in Tokyo, as it was bought back by some …READ FULL ARTICLE