Business · Markets · 4 hrs ago

Nikkei 225 Seen Rising as Investors Await Fed Decision and Earnings

Nikkei 225 Seen Rising as Investors Await Fed Decision and Earnings

Japan’s Nikkei 225 was expected to rise on Wednesday, October 28, after US stocks gained the previous day.

AI and semiconductor shares led the US market higher, and similar stocks were expected to attract buyers in Tokyo.

The index had closed at 63,268 yen, and was forecast to climb by about 1,000 points to around 64,300.

Investors were cautious ahead of the US Federal Reserve’s decision due later that day.

They were also waiting for earnings from major companies in Japan and the United States.

Those events could limit the market’s gains as investors assessed their implications.

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