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Japan’s Nikkei climbs as tech stocks follow US growth shares

Japan’s Nikkei share average rose by 0.81% to reach 40,398.35, continuing the momentum from its 0.38% higher opening. This upward movement was primarily fueled by gains in heavyweight technology stocks, which followed the performance of U.S. megacap growth shares overnight. On Wall Street, stock indexes closed higher, with contributions from Tesla and other megacap growth stocks. Read more for the latest updates about the Nikkei.

Nikkei latest updates

Disclaimer:

The rise in Japan’s Nikkei, spurred by the performance of technology stocks, indicates a positive sentiment tracking the U.S. market. However, the mixed performance of other sectors, such as conglomerates and automotive, suggests a cautious outlook. Traders are advised to stay vigilant, sticking to a trading strategy and managing risks at a healthy level.

Publication date:

2024-07-20 16:54:31 (GMT)

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