INQUIRER.net: Tokyo stocks open 1.28 percent higher

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Tokyo stocks open 1.28 percent higher Oct 11th 2013, 02:54 TOKYO--Tokyo stocks opened 1.28 percent higher on Friday after Wall Street rallied on hopes that Washington might make progress in breaking its on-going budget impasse. The Nikkei 225 stock index was up 182.18 points to 14,376.89 at the start after US stocks and the dollar rose overnight. US stocks surged Thursday on progress toward a potential deal in Washington to prevent a debt default, recovering a hefty portion of their losses since the partial government shutdown began. The Dow Jones Industrial Average soared 2.18 percent, or 323.09 to 15,126.07, just below its level on the eve of the October 1 shutdown. The dollar was at 98.31 yen in early Friday, up from 97.91 yen in ... Keep on reading: Tokyo stocks open 1.28 percent higher Media files: asian-shares-Japan3-1024x706.jpg (image/jpeg)

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