Japan's benchmark Nikkei reclaims 70,000 for 1st time since July-Xinhua

TOKYO, Oct. 5 (Xinhua) -- Tokyo stocks opened sharply higher Monday, with the Nikkei stock index rising above the 70,000 mark for the first time since early July.

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At 10:37 a.m. local time, the 225-issue Nikkei Stock Average rose 1,714.81 points, or 2.51 percent, from Friday's close to 70,024.27.

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The broader Topix index, meanwhile, was up 45.61 points, or 1.11 percent, at 4,136.61.

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Market sentiment was lifted by gains on Wall Street as expectations for a Federal Reserve rate hike this month receded following weaker-than-expected U.S. nonfarm payrolls data for September. β– 

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