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Nikkei rises for 3rd day, cheered by Wall Street gains and lower yen

Reuters  |  TOKYO 

By Ayai TomisawaTOKYO (Reuters) - Japanese stocks rose for a third day to hit a fresh one-month high on Wednesday after Wall Street strengthened and the dollar scaled a two-week top on the yen, helping buoy cyclicals such as exporters and banks.The Nikkei gained 0.5 percent to 19,867.72 in midmorning trade, after earlier reaching 19,879.85, the highest level since Aug. 9.The S&P 500, Dow Jones industrials and Nasdaq Composite clocked record closes, with investors drawn to riskier assets as concerns over U.S.-North Korea tensions eased and the financial impact from Hurricane Irma appeared less ...

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First Published: Wed, September 13 2017. 08:29 IST