Against the backdrop of an election year, rates continue to rise, making the selection of high-dividend stocks a focus. This week's market could face spillover risks depending on the results of U.S. employment indicators.
The Nikkei 225 rose ¥1,637 from the previous day to close at ¥69,946, returning to the ¥69,000 range on a closing-price basis. It briefly rose above ¥70,000 intraday, reaching a level not seen for about 1.5 months.
The September U.S. employment report released on the 2nd came in below market expectations, reducing expectations for an early additional rate hike by the Federal Reserve and providing a buying incentive for equities. Growth stocks, including AI-related names, were also seen as influencing the market.