As robust performance by U.S. AI-related stocks fuels expectations that U.S. market trends will influence the Japanese market, an expected range for the Nikkei average today has been indicated. Attention is focused on the opening and subsequent market movements in light of the U.S. market trends and earnings announcements on the 21st.
In the New York market on the 21st, the Dow rose by $360.21 to $52,856.09, while the Nasdaq Composite gained 278.04 points to 26,702.86 points. On the 22nd, buying back is expected to focus on semiconductor and AI-related stocks against the backdrop of gains in U.S. technology stocks, with this trend expected to spill over into the Tokyo market.
In the U.S. market, SpaceX's earnings beat market expectations and Super Micro Computer rose, reigniting demand for AI investment. Buying also flowed into AI-related stocks such as NVIDIA and Advanced Micro Devices, pushing the SOX Index up nearly 2%. Meta Platforms' earnings produced favorable results in after-hours trading and are expected to support investor sentiment. In the Tokyo market, Nikkei 225 futures were indicating trading in the ¥65,000 range. Upside targets are ¥66,000, ¥66,357 and ¥67,000, while downside targets are expected at ¥64,000, ¥63,000, ¥62,726 and ¥62,000.