Tokyo stocks end higher on Fed rate cut hopes

TOKYO, Nov. 26 (Xinhua) -- Tokyo stocks ended higher Wednesday, lifted by hopes for an additional rate cut by the U.S. Federal Reserve.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 899.55 points, or 1.85 percent, from Tuesday at 49,559.07.

The broader Topix index, meanwhile, finished 64.61 points, or 1.96 percent, higher at 3,355.50.

On the stock market, the benchm