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Japan's Nikkei rebounds after Wall Street's strong finish
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Japan's Nikkei rebounds after Wall Street's strong finish
Mar 2, 2025 4:41 PM

TOKYO, March 3 (Reuters) - Japan's Nikkei share average

rebounded on Monday from a sharp decline in the previous

session, underpinned by Wall Street's strong finish last week.

The Nikkei was up 0.91% at 37,503.29, as of 0012

GMT. The index ended at a five-month low on Friday, dragged by

declines in chip-related stocks.

The broader Topix rose 1.03% to 2,709.88.

Wall Street ended higher on Friday, with Dell Technologies

dipping and other tech stocks climbing after a meeting between

U.S. President Donald Trump and Ukrainian counterpart Volodymyr

Zelenskiy ended in disaster.

The Nasdaq gained 1.63% and the Dow Jones Industrial

Average rose 1.39%.

In Japan, chip-making equipment maker Tokyo Electron ( TOELF )

rose 0.53% to give the biggest boost to the Nikkei on

Monday. Robot maker Fanuc ( FANUF ) rose 0.95%.

All of the Tokyo Stock Exchange's 33 industry sub-indexes

rose, with the brokerage sector rising 2.87% to

become the top performer.

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