Nikkei Average rebounds in morning trading, buoyed by strong earnings from some U.S. tech companies, though gains lose momentum

The story

The Nikkei Stock Average stood at ¥64,823.55 in the morning session of the Tokyo stock market, up ¥748.13 from the previous day. The index rose 1.17%, with buying leading from the opening.

There is growing speculation that strong earnings from US AI and semiconductor-related stocks are supporting the market.

At a glance

Nikkei AverageThe morning session stood at ¥64,823.55, up ¥748.13 from the previous day

FactorStrong earnings from US technology and semiconductor companies provided a tailwind

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