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Tokyo stocks open higher, tracking U.S. gains on hopes for U.S.-Iran peace negotiations

Thu May 21, 2026 9:06 am JST Market

The Nikkei Stock Average rebounded at the opening of the Tokyo Stock Exchange on the 21st, rising 570 yen from the previous trading day to 60,374 yen, recovering the 60,000 yen level.

In the U.S. stock market the previous day, all three major indices rose. The Philadelphia Semiconductor Index (SOX) also gained. President Trump indicated that negotiations with Iran have entered the final stage, rekindling expectations for an end to hostilities. Following the rally in U.S. stocks, the Tokyo market is also expected to see strong buying today. Meanwhile, NVIDIA's earnings results for the February-April quarter, released this morning Japan time, showed revenue and profit both exceeding market expectations. The company also announced an $80 billion share buyback program. The stock's response in after-hours trading to these announcements has been limited.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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