The Nikkei 225 posted its fourth straight gain on the back of gains in U.S. stocks, closing at ¥68,713.80. Its advance briefly widened to nearly ¥1,300, but trading was restrained following the release of U.S. economic data.
The Nikkei 225 posted its fourth straight gain, closing at ¥68,713.80. Buying led the market on the back of gains in U.S. stocks, with the index briefly rising by nearly ¥1,300.
U.S. retail sales and the consumer sentiment index, which served as market drivers, came in below expectations. Along with movements in the dollar and long-term U.S. Treasury yields, this created a mixed picture for developments in Japan and the United States.
Regarding the Nikkei's movements that day, the generally weak results for U.S. economic indicators left uncertainty over the market's outlook.