Business · Markets · 5 hrs ago
Japan's Nikkei briefly climbs back above 60,000
Japan's Nikkei 225 briefly rose above 60,000 on Tuesday, gaining more than 1,800 points at one stage.
Investors bought back Japanese shares, especially semiconductor stocks, after US AI-related shares recovered.
The Nikkei had fallen more than 5,800 points the previous week amid worries that a US Democratic election win could lead to tighter AI rules and limits on data center construction.
On Monday, the US semiconductor index rose nearly 7%, helping lift Japanese chip-related shares such as Advantest and Kioxia Holdings.
Lower oil prices also improved investor sentiment, as traders saw a lower chance of the United States resuming attacks on Iran.
The Nikkei had last traded above 60,000 on Friday, and the sources do not say whether its gains continued later on Tuesday.
Japan’s Nikkei 225 briefly rose above 60,000 on November 10, gaining more than 1,800 points at one stage.
The rise followed a rebound in US artificial-intelligence and semiconductor stocks, which encouraged buying in Japanese shares.
Lower oil prices also supported investor sentiment.
The index had last traded above 60,000 on November 6.
- Who
- The Nikkei 225 index and investors in Japanese shares.
- What
- The index briefly recovered to above 60,000, rising more than 1,800 points at one stage.
- When
- November 10, 2026.
- Where
- The Tokyo Stock Exchange, Japan.
- Why
- US AI and semiconductor stocks rebounded, prompting buying in Japanese shares. Lower oil prices also improved investor sentiment.
This story does not have two clearly opposing sides.
The US midterm elections resulted in a major Democratic Party victory, prompting concern about possible AI regulation and restrictions on data-center construction.
The Nikkei fell by more than 5,800 points amid those concerns.
US stocks rebounded sharply, and the Philadelphia Semiconductor Stock Index rose nearly 7%.
The Nikkei opened higher and briefly climbed above 60,000.
- Nikkei peak
- More than 60,000
- Largest reported gain
- More than 1,800 points
- Last time above 60,000
- November 6, 2026
- Philadelphia Semiconductor Stock Index
- Rose nearly 7% on November 9
- WTI crude
- Fell temporarily to a level near a two-month low