TOKYO –
Japan’s benchmark Nikkei 225 Stock Average surged 1,684.08 factors, or 2.87%, to shut at 60,459.58 on Tuesday, November 10, 2026, at 3:30 p.m. Japan time, recovering the psychologically necessary 60,000 degree for the primary time in three buying and selling classes as buyers purchased again synthetic intelligence and semiconductor shares following a pointy rebound on Wall Street.
The Tokyo market prolonged its restoration for a second consecutive session, with shopping for spreading throughout expertise, industrial and monetary shares. The broader Topix index climbed 75.55 factors, or 1.98%, to three,893.71, whereas 24 of the Tokyo Stock Exchange’s 33 trade sectors completed greater.
The Nikkei opened at 59,372.28 and superior quickly throughout morning buying and selling, reaching an intraday excessive of 60,743.97 earlier than closing at 60,459.58. Its low for the session was 59,268.43, reflecting sustained shopping for curiosity all through a lot of the day regardless of some profit-taking close to the highs.
The advance adopted a robust restoration in US equities on November 9, when the Dow Jones Industrial Average jumped 1,104.02 factors, or 2.15%, to 52,389.75. The S&P 500 rose 2.35%, whereas the technology-heavy Nasdaq Composite gained 2.74%, supported by renewed demand for semiconductor and enormous expertise corporations.
Investor sentiment additionally improved as tensions surrounding Iran appeared to ease, pushing crude oil costs decrease and lowering issues that rising vitality prices would intensify world inflation. Expectations of renewed diplomatic efforts helped assist fairness markets throughout Asia, together with South Korea, the place the Kospi recorded sturdy positive factors.
SoftBank Group was the biggest contributor to the Nikkei’s advance, with its shares leaping practically 14% as buyers returned to corporations related to the worldwide AI funding increase. The expertise funding group added roughly 382 factors to the benchmark index, accounting for nearly 1 / 4 of the day’s whole acquire.
Semiconductor testing tools producer Advantest was one other main contributor, including roughly 284 factors to the Nikkei, whereas chipmaking tools producer Tokyo Electron contributed about 260 factors. Together, the three corporations accounted for greater than half of the index’s advance, illustrating the numerous affect of AI-related corporations on Tokyo’s market actions.
Other technology-related shares additionally attracted sturdy demand. Kioxia Holdings, a significant producer of NAND flash reminiscence, superior alongside semiconductor tools producer Kokusai Electric and electrical tools maker Furukawa Electric. Kokusai Electric reached its each day upward value restrict after administration outlined progress ambitions for the fiscal 12 months ending March 2028, together with a goal for gross sales to extend 40% and an adjusted working revenue margin of at the least 30%.
Investors additionally welcomed sturdy month-to-month gross sales figures from Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, reinforcing expectations that spending on superior semiconductor manufacturing and AI infrastructure would stay sturdy regardless of latest issues about extreme expertise valuations.
Financial shares participated within the restoration, with banking shares benefiting from renewed investor curiosity following their latest underperformance. Machinery producers, textile producers and electrical tools corporations have been additionally among the many strongest sectors, suggesting that the shopping for prolonged past the market’s largest expertise corporations.
Nevertheless, the advance was not common. Toyota Motor, Sony Group and Nintendo completed decrease, whereas meals producer Kikkoman got here below significantly sturdy promoting stress due to issues about slowing soy sauce gross sales in North America. Kawasaki Heavy Industries additionally declined regardless of elevating its earnings forecast, as buyers judged the revised outlook to be much less encouraging than anticipated.
Market exercise remained exceptionally heavy. Trading quantity on the Tokyo Stock Exchange’s Prime Market reached roughly 3.03 billion shares, whereas turnover totaled about 9.16 trillion yen. Advancing shares numbered 1,203, in contrast with 328 declining points and 20 unchanged, indicating broad participation within the rebound.
The yen remained comparatively weak in opposition to the US dollar, buying and selling round 158 yen per dollar throughout the afternoon. At 5 p.m. Japan time, the trade price stood at roughly 158.01 to 158.02 yen per dollar. The forex’s weak spot continued to offer a possible earnings benefit for Japanese exporters, though its impact various throughout industries.
Japan’s authorities bond market moved in the other way to equities, with yields rising following a weaker-than-expected public sale of 30-year authorities bonds. The yield on the benchmark 10-year Japanese authorities bond reached 2.690% throughout afternoon buying and selling, up 0.025 proportion factors from the earlier session. The public sale raised recent issues about demand for long-dated Japanese authorities debt and the stress that greater borrowing prices may place on public funds.
Despite Tuesday’s highly effective advance, the Nikkei remained under ranges seen earlier than the earlier week’s selloff. The index had plunged 3,643.13 factors on November 6 earlier than recovering 1,340.73 factors on November 9. Tuesday’s rise introduced its cumulative two-session restoration to three,024.81 factors, reversing roughly 83% of the November 6 decline.
The sharp swings have highlighted the sensitivity of Japanese equities to developments in US expertise shares, geopolitical tensions and expectations for world rates of interest. Investors have turn into more and more targeted on whether or not the substantial capital expenditure required for synthetic intelligence growth will translate into sustainable company earnings.
Attention is now turning to imminent US inflation figures, which may affect expectations for the Federal Reserve’s subsequent rate of interest resolution. Higher-than-expected inflation may renew stress on expertise valuations and bond markets, whereas softer figures may encourage buyers to increase the restoration.
For Tokyo buyers, the speedy query is whether or not the Nikkei can consolidate its return above 60,000 and construct on two consecutive classes of sturdy positive factors. Although the restoration has restored a considerable portion of the earlier week’s losses, continued volatility in semiconductor shares, actions within the yen and adjustments in world borrowing prices stay necessary dangers to the market’s near-term outlook.