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Japanese shares rise on upbeat Fed, new stimulus

Japanese shares rallied today following the Fed's upbeat assessment on the U.S. economy and report that the country will spend up to $30B in stimulus.

Prime Minister Shinzo Abe plans to finalize the stimulus package on Dec. 27, as part of efforts to lift the economy out of a recession caused by the hit from a sales tax hike in April.

Pulling away from a 6-1/2-week low, Japan's Nikkei share average jumped 2.3%, ending up 17,210.