At the opening of the morning session on the 10th, the Nikkei average extended its gains and traded slightly above ¥60,000. Buying has spread, mainly among AI-related stocks, following gains in U.S. stocks.
In the Tokyo market during the morning session on the 10th, the Nikkei average rose sharply from the previous day and traded in the ¥60,400 range. It briefly topped ¥60,000 during the session. Buying focused on large-cap stocks, following gains in U.S. stocks the previous day.
In the U.S. market, the Dow Jones Industrial Average rose $1,104 from the end of last week, while the SOX index also gained more than 6%. Related stocks rebounded amid improved prospects for AI regulation under the U.S. Democratic Party, supporting investor sentiment. The strength of the New York market spread to Tokyo.
Buying spread in the Japanese market, mainly among AI- and semiconductor-related stocks, with アドテスト, 東エレク and イビデン rising. By contrast, ベイカレント, 味の素 and オリックス fell. Both the Nikkei average and TOPIX extended their gains.