Japan’s Nikkei jumps 6%, rebounds from 1-1/2-year low on US tech increase

A person seems to be at an digital board exhibiting the numbers of the Nikkei Inventory Common on the Tokyo Inventory Alternate alongside a road in Tokyo on April 8, 2025.
| Picture Credit score: AFP

Japan’s Nikkei share common rose 6% on Tuesday (April 8, 2025) in a widespread rally, rebounding from a 1-1/2-year low hit within the earlier session, as native merchants assessed robust performances of U.S. know-how shares.

As of 0020 GMT, the Nikkei index was up 5.9% at 32,959.59. The broader Topix traded 6.14% larger at 2,428.64.

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The S&P 500 and the Dow closed decrease, however the technolog-heavy Nasdaq posted marginal beneficial properties on Monday after a curler coaster session, with traders frightened about an financial slowdown and rising inflation as U.S. President Donald Trump dug in his heels on tariffs, warning he may additional enhance levies on China.

In Japan, chip-making gear maker Tokyo Electron jumped 8.85% and chip-testing gear maker Advantest surged 11%.

Financial institution shares additionally superior, with Mitsubishi UFJ Monetary Group surging 12% and Mizuho Monetary Group up 13%.

All 33 trade sub-indexes of the Tokyo Inventory Alternate noticed beneficial properties, with the banking index main the cost, hovering 11% to turn out to be the highest performer.