The Nikkei Average fell for the first time in 3 sessions. Kioxia shares rebounded against the backdrop of reports that the company would increase production, while software-related stocks rose broadly. The article reports on the market’s reaction to movements in major U.S. indicators and 24 hours of earnings news.
The Nikkei Average fell for the first time in 3 sessions as profit-taking emerged following the previous day’s moves in the U.S. market. Meanwhile, Nvidia’s earnings exceeded market expectations, sending its shares higher in after-hours trading and affecting the broader market. Market movements in the U.S. tonight and the outlook for the Jackson Hole meeting are attracting attention as key factors for future price trends.
Kioxia Holdings closed at ¥52,500 as one of today’s stocks in focus, rebounding following reports that it was considering investment to increase production. Reports said the company might build a new manufacturing building in Iwate Prefecture, with rising demand for semiconductor memory driven by the adoption of AI cited as a background factor.