Business · Markets · 3 hrs ago
Nikkei 225 futures rise 885 yen as US tech shares rebound
December Nikkei 225 futures rose 885 yen to 58,235 yen on the Chicago Mercantile Exchange on Nov.
6.
The futures contract tracks expectations for Japan’s Nikkei 225 stock index.
US semiconductor and AI-related shares recovered after falling sharply in recent sessions.
The tech-heavy Nasdaq Composite also rose.
The US tech rebound helped lift Japanese futures in trading outside Japan.
Some buyers also expected a short-term recovery after the futures had fallen sharply.
The update gives no further details on what may happen next.
Nikkei 225 December futures rose 885 yen to 58,235 yen on the Chicago Mercantile Exchange on Nov. 6.
US technology shares rebounded after semiconductor and other artificial intelligence-related stocks recovered from a recent sharp decline.
The Nasdaq Composite, which has a high weighting of technology stocks, also rose.
Buying in Nikkei futures reflected expectations of a short-term recovery after their steep drop.
- Who
- Nikkei 225 December futures.
- What
- They rose 885 yen to 58,235 yen.
- When
- Nov. 6.
- Where
- The Chicago Mercantile Exchange.
- Why
- US semiconductor and other artificial intelligence-related stocks recovered, and buyers expected a short-term rebound in Nikkei futures after their steep decline.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Change
- Up 885 yen
- Closing level
- 58,235 yen
- Contract
- December futures
- Exchange
- Chicago Mercantile Exchange
- Date
- Nov. 6