Business · Markets · 2 hrs ago

Tokyo shares rise 0.44% at the open as technology stocks rebound

Tokyo shares rise 0.44% at the open as technology stocks rebound

Tokyo shares opened higher, with the Nikkei index up 0.44%.

The index reached 62,465.69, gaining 276 points at the start of trading.

A rebound in technology and semiconductor stocks helped lift the market.

The move followed strong gains in the US Nasdaq and semiconductor index, the SOX.

Optimism about a possible Anthropic IPO also helped support those US technology shares.

Investors are waiting for more information from companies' quarterly results, while the yen weakened against the dollar and was steady against the euro.

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