financetom
Market
financetom
/
Market
/
Japan's Nikkei rises on hopes US shutdown may end soon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's Nikkei rises on hopes US shutdown may end soon
Nov 9, 2025 6:47 PM

TOKYO, Nov 10 (Reuters) - Japan's Nikkei share average

rose on Monday, tracking gains in U.S. stock futures as hopes

grew that the historic U.S. government shutdown may end soon.

The Nikkei climbed 0.9% to 50,728.56 by 0143 GMT.

The broader Topix edged up 0.17% to 3,304.35.

"Market players bought stocks as they priced in gains for

Wall Street shares later in the day, with hopes that the U.S.

government shutdown will be over soon," said Kazuaki Shimada,

chief strategist at IwaiCosmo Securities.

"Investors were looking at U.S. stock futures, which were

rising in Asian trading."

S&P and Nasdaq futures were last up 0.54% and

0.87%, respectively.

Bipartisan talks in the U.S. Senate to end the federal

government shutdown appear to have taken a positive turn, Senate

Majority Leader John Thune said, while the Senate moved towards

a vote later on Sunday on reopening the government with funding

measures through January.

In Japan, chip-testing equipment maker Advantest ( ADTTF )

rose 3.71%, chip-making equipment maker Tokyo Electron ( TOELF )

was up 4.36% and technology investor SoftBank Group

gained 2.24%.

"These three stocks lifted the Nikkei on Monday, but their

momentum was not as strong as last month. However, smaller

chip-related shares surged, showing investors' strong appetite

for technology stocks," said Shimada.

Chip-maker Kioxia Holdings ( KXHCF ) jumped 12%.

Semiconductor equipment maker Towa ( TOWCF ) surged 23.77% to a

near daily limit high.

Flea market app operator Mercari ( MRCIF ) jumped 14.23%

after posting a 70% gain in net profit for the quarter ended

September.

Honda Motor ( HMC ) fell 4.6% after Japan's second-largest

automaker slashed its full-year profit forecast by 21% on

Friday.

Its peer Toyota Motor ( TM ) lost 0.74% and Mazda Motor ( MZDAF )

slumped 5%.

Of the more than 1,600 stocks trading on the Tokyo Stock

Exchange's prime market, 68% stocks rose, 27% fell and 4% traded

flat.

(Reporting by Junko Fujita; Editing by Subhranshu Sahu)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Ahead of US-China Trade Talks
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Ahead of US-China Trade Talks
May 26, 2025
08:47 AM EDT, 05/09/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.2% higher in Friday's premarket activity as investors weigh optimism from upcoming US-China trade talks. US stock futures were mixed, with S&P 500 Index futures up 0.4%, Dow...
Sector Update: Health Care
Sector Update: Health Care
May 26, 2025
08:59 AM EDT, 05/09/2025 (MT Newswires) -- Health care stocks were steady premarket Friday with the Health Care Select Sector SPDR Fund (XLV) up 0.2% and iShares Biotechnology ETF (IBB) recently inactive. Iovance Biotherapeutics ( IOVA ) shares fell nearly 36% after the company lowered its 2025 product revenue guidance. The company also posted a wider Q1 loss and lower...
Sector Update: Tech
Sector Update: Tech
May 26, 2025
08:56 AM EDT, 05/09/2025 (MT Newswires) -- Technology stocks rose premarket Friday with the Technology Select Sector SPDR Fund (XLK) up 0.4% and the SPDR S&P Semiconductor ETF (XSD) 1.3% higher recently. Lyft ( LYFT ) shares were up nearly 10% after the company reported its Q1 swung to earnings as revenue rose during the period. ...
US STOCKS-US stock index futures muted after Trump's remarks on China tariffs
US STOCKS-US stock index futures muted after Trump's remarks on China tariffs
May 26, 2025
* Futures: Dow down 0.05%, S&P 500 up 0.06%, Nasdaq up 0.09% * Fed's Barr: tariffs to boost inflation, slow growth this year * Lyft ( LYFT ) up after boosting stock buyback program, Q1 profit beat * Expedia ( EXPE ) falls after soft US travel demand leads to revenue miss (Updates with Fed Barr's comments, Trump's comments on...
Copyright 2023-2026 - www.financetom.com All Rights Reserved