Japan Stock Market May Crack Resistance At 35,000 Points
From Nasdaq: 2025-04-23 19:15:00
The Japanese stock market rebounded on Wednesday, with the Nikkei 225 rising 1.89 percent to close at 34,868.63. Financial shares, technology stocks, and automobile producers led the gains. The global market outlook is positive following easing concerns over the U.S. Federal Reserve’s independence. Wall Street also saw gains, with the Dow rising 1.07 percent, the NASDAQ up 2.50 percent, and the S&P 500 climbing 1.67 percent. President Trump’s softened stance on Fed Chair Jerome Powell and trade talks with China boosted market sentiment. Crude oil prices fell after reports of potential OPEC oil output hikes in June. South Korea and Japan will release important economic data today.
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