The Nikkei average is expected to rebound in Tokyo trading today, with buying anticipated following the previous day's gains in US stocks. Lower oil prices are supporting investor sentiment, while concerns about AI regulation remain simmering.
All 3 major US indexes rose the previous day as markets digested the midterm election results, fuelling expectations that buying will lead the Japanese market.
The Nikkei average is expected to rebound today, with investors anticipated to buy on the back of developments in the United States.
Falling crude oil prices have been cited as a factor supporting market sentiment and could increase investors' risk appetite.
Meanwhile, concerns about AI regulation remain simmering, with regulatory developments being watched as a source of market uncertainty.