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GDP Report Sparks Rally On Tokyo Stock Exchange

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RENEE MONTAGNE, host:

NPR's business news starts with a rally in Japan.

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MONTAGNE: New numbers show Japan's GDP did better in the second quarter than economists expected. After all the volatility last week, the good news for the world's third-largest economy helped spark a rally on Tokyo's stock market. The Nikkei posted its biggest gains in more than six weeks, closing up nearly one and a half percent today.

Car stocks also did well. Toyota gained almost three percent. Honda rose 3.4 percent. Transcript provided by NPR, Copyright NPR.