In the Tokyo stock market on the morning of the 5th, the Nikkei Stock Average exceeded ¥70,000 during trading hours, reportedly because the results of the previous weekend's US employment data caused expectations for a US rate hike to recede. Market participants are watching how the market develops.
In the Tokyo market on the morning of the 5th, the Nikkei Stock Average exceeded ¥70,000 during trading hours for the first time in about three months since 6 July.
US employment data released the previous weekend came in below market expectations, causing expectations for a US rate hike to recede and reportedly prompting increased buying in equities.
Market participants were asked for their outlook on the market's future course. Some also pointed to instances of buying in technology stocks.