Nikkei rises for 7th day as deal to avoid U.S. default reached

Reuters

TOKYO, Oct 17 (Reuters) - Japan's Nikkei share average hit a

three-week high and extended gains into a seventh day on

Thursday as sentiment was buoyed after the U.S. Congress

approved a last-minute deal to end a fiscal standoff and avoid a

damaging default on government debt.

The Nikkei gained 0.8 percent to 14,586.51 after

hitting 14,664.22 earlier, its highest since Sept. 27. The Topix

advanced 0.8 percent to 1,206.25.

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