Japanese Shares Jump as Investors Shrug off GDP Data to Buy Battered Stocks

Recruit Holdings, the seventh-biggest Japanese company by market capitalization, jumped 7.19% after the staffing agency gave a strong outlook for the current financial year.

Fiscal Stimulus Bolsters US Economic Growth in Q1, Fastest GDP Growth Since 2003

The second-fastest gross domestic product growth since the third quarter of 2003, reported by the Commerce Department on Thursday, left output just 0.9% shy of its level at the end of 2019.