Buying is expected to lead the market as U.S. stocks rose. Against the backdrop of trading in the U.S. market on the 4th, the projected range for the Nikkei 225 today is ¥62,500-¥63,500.
Following the performance of U.S. markets on the 4th, the Tokyo market is expected to open with buying in the lead on the 5th. On the 4th, the Dow Jones Industrial Average rose approximately $1,569 from the previous day to $53,356.12, the Nasdaq Composite rose approximately 364 points to 25,736.51, and Nikkei 225 futures were approximately ¥680 higher than the Osaka daytime session at ¥63,130.
Buying is expected to dominate the Tokyo market, particularly in major stocks, following the movement in U.S. markets. Ahead of the U.S. midterm elections on the 4th, short-term moves emerged amid concern over tighter AI regulation and a sense that the available catalysts had been exhausted, with the Nikkei 225 temporarily falling as low as ¥60,030. At the same time, some observers said buying back of positions would strengthen once the broad outcome of the midterm elections became clear, and the index moved higher toward the close.