In Tokyo trading on the 9th, the Nikkei 225 may rebound, and buying is expected to lead against the backdrop of gains in US technology stocks. Some investors are also anticipating a technical rebound after the sharp drop the previous Friday. The Nikkei 225's upside target is indicated at ¥58,500, versus the previous Friday's close of ¥57,434.
Market participants reportedly expect the Nikkei 225 to rebound in Tokyo trading on the 9th, with buying expected to lead following gains in US technology stocks. Japanese equities fell sharply the previous Friday, and buying in anticipation of a technical rebound is also likely to emerge.
In US trading on the 6th, the Dow Jones Industrial Average fell for a second straight session, closing at $51,285, down $237 from the previous day.