In the Tokyo stock market at the start of the week, the Nikkei 225 recovered to the 70,000 range for the first time in about 3 months, and buy orders spread, centered on AI- and semiconductor-related stocks. The retreat in expectations of a U.S. rate hike was cited as the backdrop.
In the Tokyo stock market at the start of the week, the Nikkei 225 recovered to the 70,000 range for the first time in about 3 months. The index was already around the 70,000 range at the start of trading, and buying remained dominant throughout the day.
The retreat in expectations of an early additional rate hike in the U.S. was cited as a key positive factor, and buying spread, centered on AI- and semiconductor-related names. The Nikkei 225 rose more than 1,700 yen at one point.
The article also lists sources such as Yomiuri Shimbun Online for specific stock movements supporting this move and the outlook ahead.