Buying prevailed in the Tokyo market on the 29th, with the Nikkei 225 opening at ¥64,126, up ¥172 from the previous day. The market is expected to remain firm against the backdrop of higher U.S. equities, while attention is also focused on the performance of companies reporting earnings.
Tokyo stocks opened with buying prevailing after all major U.S. stock indexes rose. The Nikkei 225 opened today at ¥64,126, up ¥172 from the previous day. The Federal Open Market Committee (FOMC) also decided to leave interest rates unchanged, providing a sense of reassurance. These factors suggest that the market is expected to remain firm.
Meanwhile, attention is needed on the performance of major U.S. stocks after their earnings announcements. Reports that Alphabet, which had completed its earnings announcement, plunged in after-hours trading raised concerns that this could cap the market's upside.
Among the earnings announcements scheduled for today are those of Fujitsu and Ibiden, and their share-price performance could affect trading after the open.