The Nikkei fell ¥1,889 during the week before rebounding ¥806 on the 4th. Market attention turned to the outlook for the next market move in response to US employment trends.
The Nikkei Stock Average moved sharply over the week's 3 main trading days. After plunging ¥1,889 in the first half of the week, it rebounded ¥806 the following day, on the 4th, before continuing to fluctuate sharply toward the end of the week.
The moves are seen as an effort to identify clues to the next market trend amid the importance of US employment-related data. Daily price movements have involved a series of buying and selling, with investors reacting sensitively to the short-term direction.
Market participants have pointed out that, depending on the US employment situation, the spillover effects on the Nikkei could re-emerge, and they are closely watching the market's response in upcoming trading.