The Nikkei average rose for the first time in 2 trading days in Tokyo trading at the start of the week. It closed at ¥69,946.86, falling short of the ¥70,000 range.
In Tokyo trading at the start of the week on the 5th, the Nikkei average rose ¥1,637.40 from the previous day to ¥69,946.86, marking its first rise in 2 trading days. During trading hours, it briefly rose above ¥70,000, returning to the ¥70,000 range for the first time in about 3 months since 6 July.
The U.S. Department of Labor released employment data for September. Nonfarm payroll growth fell well short of market expectations, while payroll figures for July and August were also revised downward. This reduced expectations for an early rate hike by the Federal Reserve, and major U.S. stock indexes rose.
In the Nikkei market on the 5th, prices rose mainly among AI-related and semiconductor stocks, which have a major influence on the Nikkei average. The Tokyo Stock Price Index (TOPIX) rose 54.22 points to 4,145.22.