Nikkei rises about 1,600 points to near 59,000 in afternoon trading
Japan’s Nikkei stock average traded near 59,000 in mid-afternoon trading on November 9, up about 1,600 points from the previous week’s close. Overseas short-term traders were believed to be buying Nikkei futures intermittently as Asian stocks and Nasdaq 100 futures advanced. Further gains were limited as investors waited to assess the evening’s U.S. stock market session.