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TOKYO (AP) - After more than a decade of decline, Japanese stocks are finally staging a comeback.
The Tokyo Stock Exchange's benchmark Nikkei index has shot up 23 percent since May, and hit consecutive four-year highs in recent sessions, including Tuesday when it closed above 13,700 points for the first time since May 2001. The big question is whether the recovery can be sustained or will evaporate like those of the 1990s.
This time, analysts and investors say there are important reasons to be optimistic.
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