On 9/7, the Nikkei 225 rose, while the SOX Index and Nikkei futures also gained. The Dow Jones Industrial Average and Nasdaq, meanwhile, fell. Active share buybacks and a request from the Tokyo Stock Exchange to improve corporate value were cited as factors.
As bullish factors, the Nikkei 225 rose to 65020.94, gaining 806.46, while the SOX Index rose to 11735.26, up 383.13. Nikkei futures moved to 65830, up 810. Active share buybacks and the Tokyo Stock Exchange's request to improve corporate value were also cited.
As bearish factors, the Dow Jones Industrial Average fell to 53414.25, down 271.86, and the Nasdaq Composite fell to 26506.99, down 77.07. The rise in U.S. long-term interest rates, the Trump administration's tariff policies and concerns over an economic slowdown in China were also cited.
Points to watch included the July leading Composite Index, the July coincident Composite Index, Germany's July industrial production, euro area GDP for the April-June quarter and China's foreign exchange reserves at the end of August. The U.S. stock market was expected to be closed for the Labor Day holiday.