Nikkei 225 opens higher on rebound as gains in US stocks spur technical rebound, but momentum wanes

The Nikkei 225 opened in Tokyo at ¥64,724.81, up ¥399.17, extending its rebound. A technical rebound has taken hold on the back of strength in US stocks.

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The story

The Nikkei 225 opened 0.62% higher in Tokyo at ¥64,724.81, up ¥399.17 from the previous day.

With all 3 major US stock indexes rising, a technical rebound took hold, prompting early buying in the Japanese market.

At a glance

Opening priceThe Nikkei 225 opened at ¥64,724.81, up ¥399.17

ChangeOpened up 0.62% from the previous day

FactorsWith all 3 major US stock indexes rising, a technical rebound took hold

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