Mild Upside Seen For Japan Stock Market
From Nasdaq: 2025-05-29 19:18:00
The Japan stock market bounced higher on Thursday, with the Nikkei 225 finishing up 1.88% at 38,432.98 points. Gains were driven by financial, technology, and automobile sectors. The global forecast for Asian markets is mixed amid lingering tariff concerns. Wall Street closed higher, with the Dow up 0.28%, NASDAQ up 0.39%, and S&P 500 up 0.40%. Crude oil prices fell due to concerns about OPEC production hikes. Japan is set to release data on unemployment, industrial production, retail sales, construction orders, and housing starts. Tokyo inflation was up 3.5% year-on-year in April.
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