The Nikkei Stock Average temporarily rose by more than ¥1,500 on the 6th, rebounding from its sharp decline, as it followed gains in AI-related stocks in the US market. Concerns over the direction of AI regulation, however, remain.
The Nikkei Stock Average temporarily rose by more than ¥1,500, influenced by the US market on the 6th. AI and semiconductor stocks were reported to have supported the market.
The Tokyo market fell sharply last week, with the Nikkei declining by nearly ¥6,000. Market participants are seeing signs of buying to cover short positions, viewing the market as oversold.
However, the outlook for AI regulation remains uncertain, prompting views that stock prices may enter a period of adjustment over the next several months.