The Nikkei 225 briefly returned to the ¥60,000 range, with buying in AI-related semiconductor stocks pushing up the market. Falling crude oil prices are also supporting investor sentiment.
The Nikkei 225 extended its advance in the Tokyo stock market on the 10th, briefly reaching the ¥60,000 range. It opened at ¥59,372.28, up ¥596.78 from the previous day. Buy orders are concentrating mainly on AI and semiconductor stocks.
Expectations that tensions in the Middle East will ease, along with falling crude oil prices, are supporting the Nikkei's rise. On the 9th, WTI crude futures briefly fell more than 6% from the previous weekend, declining to the ¥85-per-barrel range.
In the US market, the Dow Jones Industrial Average rebounded after three trading days, with buying extending across a broad range of stocks, including AI and semiconductor names. It closed more than approximately $1,100 above the previous day's close.
The article includes information about a paid article, but the main text focuses on the Nikkei 225's movements, crude oil and US markets, and buying in AI-related stocks.