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Japan Stock Market Surges Despite Bad Economic Data

Stock prices in Tokyo rallied for a spectacular recovery Monday despite the release of worse-than-expected data showing the Japanese economy further shrinking. The benchmark Nikkei was up more than 1,000 points - a gain of nearly 7.2 percent at the close of Monday trading, following steep losses the previous week. “I think it's probably a function of rising hopes the Bank of Japan will move sooner rather than later to introduce new stimulus measures,” said Tobias Harris, a...

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