Business · Markets · 4 hrs ago

Nikkei rises at the open as concerns over US politics ease

Nikkei rises at the open as concerns over US politics ease

Japan’s Nikkei 225 opened higher on Nov.

5, gaining 196.10 yen to 62,384.73 yen.

The move followed a rise in all three major US stock indexes in the previous session.

The US midterm elections, held on Nov.

3, made it certain that Democrats would control both chambers of Congress.

That result eased investor concerns about US politics, according to the market coverage.

With those concerns lower, investors showed greater willingness to take risks.

Buying spread across many Tokyo-listed shares, and the market’s next direction was not specified.

2 sources

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