Nikkei 225 rises for fourth straight day as U.S. tech gains support Japanese stocks: How did the market move today?

The story

The Nikkei 225 rose 0.76% and the TOPIX gained 0.73%, with the underlying tone of the domestic equity market remaining firm. The rally in global equities, driven by gains in U.S. technology stocks, was reportedly spreading to the Japanese market as well.

According to market participants, buying spurred by the U.S. tech rally supported the Japanese market, while individual stocks were prone to selling pressure even as index levels rose, resulting in divergent performance across sectors.

Yahoo! Finance index data and reports on individual-stock news were cited as sources. The market is expected to continue watching developments.

At a glance

Nikkei Average Movement+0.76%

TOPIX trends+0.73%

Background factorThe Japanese market is seen as being supported by the continuation of the rally in U.S. technology stocks

Profit-taking activityIt has been pointed out that individual stocks are prone to selling despite the rise in index levels

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Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.