Nikkei Average up ¥791, fluctuating after the open — By Fisco

The Nikkei 225 rose ¥791 shortly after the open and has since continued to trade in a range. Movements as of 09:05 and developments in the US stock market are providing clues to the market’s future direction.

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The story

The Nikkei 225 was up ¥791 from the previous day as of 09:05, with buying leading the market higher after the open. Investors are focused on developments in the US market the following day.

Thereafter, the market was driven mainly by selective buying and continued to trade in a range during the day. Its future direction could be influenced by developments in the US stock market.

At a glance

Market movesThe Nikkei 225 was up ¥791 from the previous day as of 09:05

MovementThe market formed a range-bound pattern after the open

BackgroundDevelopments in the US stock market are influencing the market

U.S. market trendsThe Dow was reported to have risen sharply from the previous day

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