00:00It's Benzinga bringing Wall Street to Main Street.
00:03Japan's benchmark Nikkei 225 index breached the 50,000 mark for the first time on Monday,
00:09according to CNBC. The rally followed optimism over US-China trade talks and strong momentum
00:15from US markets. Japanese Prime Minister Sanai Takaichi is expected to meet US President Donald
00:21Trump this week. She is expected to push for expanded domestic demand through a high-pressure
00:26economy, which strategists say could lift Japan out of prolonged deflationary stagnation and help
00:32reduce the US trade deficit. The regional rally was boosted by news that US and Chinese negotiators
00:37have hashed out a framework on several trade issues and that proposed US tariffs on Chinese imports
00:43appear effectively off the table. In the US, all three major averages closed at record highs last
00:49Friday, reinforcing investor optimism about a potential rate cut by the Federal Reserve
00:54and higher equity valuations. For all things money, visit Benzinga.com.
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