Nikkei Stock Average rebounds, recording a 1.25% gain
In the Tokyo stock market, the Nikkei Stock Average rose immediately after the start of trading. Partly as a reaction to the significant decline in the previous session, the index rose 1.25% to 39,445.96 yen.
Last week, the Nikkei Stock Average recorded a significant temporary drop of 6.4%. This price increase indicates that the market is gradually recovering from last week's sharp decline.
Investors are currently focusing on the earnings announcements of major U.S. technology companies. It is believed that the performance of these companies will influence future market movements, and many investors are watching the situation cautiously.
Market participants point out that stock prices could continue to fluctuate significantly depending on overseas economic indicators and corporate earnings results. These trends have also become a matter of great concern for the Japanese economy.