Japanese stocks surge higher on the back of the powerful rally in in the U.S. The Nikkei Average...

|By:, SA News Editor

Japanese stocks surge higher on the back of the powerful rally in in the U.S. The Nikkei Average is up 2.6% at 8,633, with financials and steel makers leading: Mitsubishi UFJ (MTU +3.9%), Nomura (NMR +4.4%), JFE (JFEEF.PK +5.4%), and Nippon Steel (NISTY.PK +4.4%).