Japan’s Nikkei stock average hits record intraday high

Japan’s benchmark Nikkei 225 stock average hit a record intraday high Wednesday morning, with investors heartened by higher U.S. stocks overnight amid easing concerns over trade tensions between the United States and China.

At 9:37 a.m., the Nikkei average stood at 50,909.17, up 689.99 points, or 1.37 percent, from Tuesday.

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