Japan's Nikkei ends 6% higher on market recovery hopes

The Nikkei index climbed 6.03% to 33,012.58, marking its sharpest daily percentage gain since
The broader Topix also recorded a more than 6% gain, closing at 2,432.02.
"Investors bought back stocks as they thought the shares were oversold. They saw signs of a market recovery as U.S. stock futures rose in
The S&P 500 and the Dow closed lower, while the technology-heavy Nasdaq posted marginal gains on Monday following a roller coaster session. [.N]
U.S. semiconductor index climbed 2.7% overnight, while S&P and Nasdaq futures each rose more than 1% in
Both the Nikkei and Topix are down roughly 13% from levels before U.S. President Donald Trump's Liberation Day tariff announcement, raising concerns about the impact on export-dependent
Japanese Prime Minister
The gains are not sustainable as there are still uncertainties surrounding the Japanese corporate outlook and the global economy, said
"I think today's jump was led by speculative investors who bought futures. And their bets will control the market move for a while," said Fujiwara.
Nikkei and Topix futures surged overnight trading, triggering trading halt by a circuit breaker by the Japan Exchange Group's
Among individual stocks, chip-making equipment maker
Cable maker Fujikura, a gauge for data centre investments, surged 19.4%.
Bank shares advanced, with
All 33 industry sub-indexes of the
Of the more than 1,600 shares traded on the TSE's prime market, 99% closed in green.
(Reporting by
(c) Reuters 2025. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

Related News

-
Drop in job-finding rate, rise in time out of work could signal recession ahead, SF Fed paper says
Reuters - 1:59 PM ET 4/14/2025
-
Wall Street ends higher with Apple shares as investors assess tariff exemptions
Reuters - 5:16 PM ET 4/14/2025
-
S&P 500's 'death cross' may not be as ominous as it sounds, analysts say
Reuters - 4:26 PM ET 4/14/2025
-
Tech, auto shares gain as Trump floats more tariff exemptions amid confusion
Reuters - 6:31 PM ET 4/14/2025
-
US steps up probes into pharmaceutical, chip imports, setting stage for tariffs
Reuters - 32 minutes ago
-
Trump administration moves to scrap Biden-era credit card late fee rule
Reuters - 11 minutes ago
-
South Korea unveils $23 billion support package for chips amid US tariff uncertainty
Reuters - 7:08 PM ET 4/14/2025