Business · Markets · 4 hrs ago
Nikkei 225 expected to rebound after record-sized drop
Japan's Nikkei 225 was expected to rebound in Tokyo trading on Oct.
16.
The forecast followed a 3,318-point fall the previous day, the index's third-largest drop on record.
On Oct.
15, major US stock indexes recovered, and AI cloud services company CoreWeave also rose.
Those gains were expected to support buying in Japan.
The Nikkei had closed at 64,425 points, and the forecast was for it to recover about 1,000 points.
The expected rise was a market outlook, not a confirmed result.
Japan’s Nikkei 225 was expected to rebound on October 16 after a record-sized fall the previous day.
The index had dropped 3,318 yen, its third-largest decline on record.
Buying on expectations of a technical rebound was expected to lift it by about 1,000 yen from its previous close of 64,425 yen.
The forecast followed a recovery in major US stock indexes and a rebound in AI cloud-services company CoreWeave.
- Who
- Japan’s Nikkei 225.
- What
- It was expected to rebound by about 1,000 yen.
- When
- October 16, 2026.
- Where
- The Tokyo stock market.
- Why
- Major US stock indexes and CoreWeave had rebounded, while investors were expected to buy after the Nikkei’s steep fall.
This story does not have two clearly opposing sides.
The Nikkei 225 fell 3,318 yen, its third-largest decline on record.
The Dow Jones Industrial Average rebounded after three days of declines, and CoreWeave also rose.
The Nikkei 225 was expected to rebound in Tokyo trading.
- Previous close
- 64,425 yen
- Previous day’s fall
- 3,318 yen
- Rank of decline
- Third-largest on record
- Expected rebound
- About 1,000 yen