Japan stock market may rebound after three straight sessions of losses, positive global market forecast
From Nasdaq: 2025-06-23 19:15:00
The Japan stock market has fallen over 530 points in three straight sessions, with the Nikkei 225 now just above 38,350 points. However, there may be a rebound on Tuesday due to a positive global market forecast. On Monday, the Nikkei closed slightly lower, with losses in financial, technology, and automobile sectors. The index ended the day at 38,354.09, down 0.13 percent. Meanwhile, Wall Street saw a late-day surge, with the Dow rising 0.89 percent, NASDAQ up 0.94 percent, and S&P 500 climbing 0.96 percent. Federal Reserve hints at a rate cut, easing market anxieties.
Additionally, reports of potential tariff reductions between the U.S. and China helped ease market anxieties. Existing home sales rose 0.8 percent in May, with a 6.2 percent increase in unsold inventory. Crude oil prices experienced volatility, initially rising due to U.S. air strikes in Iran but later dropping as tensions eased. West Texas Intermediate crude for August delivery fell 6.77 percent to $68.84 per barrel.
Read more at Nasdaq: Japan Stock Market Poised To End Losing Streak
