Nikkei Hits New Record; 2-Year JGB Yield Rises to 12-Year High

The Nikkei Stock Average closed virtually flat, advancing 5.81 points to a new record high of 39239.52, as gains in steel and bank stocks helped offset losses in retail and railway stocks.

The Nikkei Stock Average closed virtually flat, advancing 5.81 points to a new record high of 39239.52, as gains in steel and bank stocks helped offset losses in retail and railway stocks.