Business · Markets · 4 hrs ago
Nikkei 225 Seen Rising at Open, Then Facing Resistance
Japan's Nikkei 225 was expected to open higher on Thursday, October 22.
The forecast followed a rise in US stocks, led by technology shares including SpaceX after its earnings announcement.
That strength was expected to bring early buying in major Japanese stocks.
But the market had already priced in SpaceX's rise the previous day, which could limit further gains.
The index was forecast to trade between 64,200 and 65,200, around its previous close of 64,621.
It could turn lower after early buying fades, leaving investors to watch whether gains in US shares can keep supporting Japanese stocks.
Japan’s Nikkei 225 was expected to start higher on Oct. 22, supported by gains in US stocks.
Buying was expected to lead in major Japanese stocks, particularly technology shares.
The index had already priced in the rise in SpaceX shares the previous day, limiting further gains.
After early buying faded, the Nikkei could face resistance and might turn lower.
It was forecast to trade between 64,200 and 65,200, around the previous close of 64,621.
- Who
- The Nikkei 225 and major Japanese stocks.
- What
- The Nikkei was expected to open higher, then face resistance.
- When
- Oct. 22, 2026.
- Where
- Tokyo’s stock market.
- Why
- US stocks rose the previous day, but Japanese shares had already factored in SpaceX’s rise.
This story does not have two clearly opposing sides.
US stocks rose, led by technology shares including SpaceX.
The Nikkei 225 was expected to open higher, with gains potentially limited after early buying faded.
- Forecast range
- 64,200–65,200
- Previous close
- 64,621
- Market
- Tokyo Stock Exchange
- Forecast date
- Oct. 22, 2026