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Tokyo Stocks (Opening): Sharp Rebound as Buying Surges Following U.S. Stock Rally
The Tokyo stock market opened with strong buying momentum on the 1st, with the Nikkei Stock Average surging \895 from the previous trading day to \51,959, marking a sharp rebound.
In the U.S. stock market the previous day, buying returned swiftly, centered on high-tech stocks including semiconductor-related issues, with both the Dow Jones Industrial Average and the Nasdaq Composite Index posting sharp gains. Reports that President Trump made positive remarks about ending military attacks on Iran boosted sentiment, with the Nasdaq rising 3.8%, outpacing the Dow. The Philadelphia Semiconductor Index (SOX Index), composed of semiconductor stocks, surged even further with a gain of 6.2%. In the Tokyo market, investor sentiment improved significantly following the U.S. stock rally, with broad-based buying centering on semiconductor-related stocks and other sectors.
Source: MINKABU PRESS
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