financetom
Market
financetom
/
Market
/
Japan's Nikkei tracks Wall Street higher
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's Nikkei tracks Wall Street higher
Jan 28, 2025 4:51 PM

TOKYO, Jan 29 (Reuters) - Japan's Nikkei share average

rose in early trade on Wednesday, led by technology stocks after

U.S. shares rebounded overnight from a sharp sell-off triggered

by Chinese startup DeepSeek's launch of AI models.

The Nikkei was up 0.8% at 39,314.32, as of 0014 GMT,

after rising 1% in early trade, while the broader Topix

gained 0.4%.

U.S. stocks ended higher on Tuesday, with Nvidia ( NVDA )

and other artificial intelligence-linked technology shares

recovering from sharp losses the previous day as investors

snapped up bargains.

Japan's semiconductor- and AI-related shares popped back on

Wednesday, with chip-testing equipment maker Advantest ( ADTTF ),

which counts Nvidia ( NVDA ) among its customers, adding 3%.

AI-focused startup investor SoftBank Group and

chip-making equipment giant Tokyo Electron ( TOELF ) also rose.

(Reporting by Brigid Riley; 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 >
Gold Edges Down as the Dollar Moves Higher with the Fed Expected to Leave Interest Rates Unchanged
Gold Edges Down as the Dollar Moves Higher with the Fed Expected to Leave Interest Rates Unchanged
Mar 19, 2024
09:08 AM EDT, 03/19/2024 (MT Newswires) -- Gold moved lower early on Tuesday as the dollar strengthened ahead of the start of the two-day meeting of the Federal Reserve's policy committee. Gold for June delivery was last seen down US$3.70 to US$2,182.20 per ounce. The Federal Open Markets Committee will begin its meeting later on Tuesday and is widely expected...
US Benchmark Stock Indexes Mixed, Treasury Yields Decline as Fed Begins March Policy Meeting
US Benchmark Stock Indexes Mixed, Treasury Yields Decline as Fed Begins March Policy Meeting
Mar 19, 2024
12:30 PM EDT, 03/19/2024 (MT Newswires) -- US benchmark stock indexes traded mixed after midday Tuesday as the countdown began for the Federal Reserve's economic projections and outlook for interest rates this year. The S&P 500 rose less than 0.1% to 5,152.9, and the Dow Jones Industrial Average climbed 0.5% higher at 38,989.6. The Nasdaq Composite bucked the intraday trend,...
TREASURIES-US yields dip slightly as traders look to Fed meeting
TREASURIES-US yields dip slightly as traders look to Fed meeting
Mar 19, 2024
March 19 (Reuters) - U.S. Treasury yields ticked down on Tuesday from their near-February highs, as traders look ahead to the Federal Reserve's press conference on Wednesday for signs of its interest rate path for the rest of the year. Benchmark 10-year notes' yields fell to 4.312%, from their close of 4.340% on Monday. Yields had approached their February high...
US STOCKS-Nasdaq dips as chipmakers slide; S&P 500 treads water with Fed in focus
US STOCKS-Nasdaq dips as chipmakers slide; S&P 500 treads water with Fed in focus
Mar 19, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Crypto-related stocks drop as bitcoin falls * Most chip stocks under pressure, Nvidia ( NVDA ) falls * Indexes: Dow up 0.52%, S&P up 0.04%, Nasdaq down 0.26% (Updated at 11:35 a.m. ET/1535 GMT) By Bansari Mayur Kamdar and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved