tradingkey.logo

Japan's Nikkei rebounds from near 8-month low, tracks Wall Street higher

ReutersApr 1, 2025 12:38 AM

TOKYO, April 1 (Reuters) - Japan's Nikkei share average rose on Tuesday, bouncing back from a near eight-month low hit in the previous session, as overnight gains in Wall Street lifted investor sentiment.

As of 0016, the Nikkei index .N225 was up 1% at 35,987.44.

The index closed lower on Monday as investors assessed the risk of imminent U.S. trade tariffs. .T

The broader Topix .TOPX rose 1.34% to 2,693.07.

The S&P 500 .SPX rose 0.5% and the Dow Jones Industrial Average .DJI gained 1% overnight, temporarily shaking off the uncertainty around U.S. President Donald Trump's upcoming tariff plans, which are expected to be outlined in greater detail on Wednesday. .N

Uniqlo-brand owner Fast Retailing 9983.T rose 2.1% to give the biggest boost to the Nikkei. Shares of technology investor SoftBank Group 9984.T rose 0.6%.

So far, 203 stocks of the Nikkei's 225 components were trading in the green.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles