Tokyo market expected to be firm as Dow hits all-time high

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Summary · why it matters

The Tokyo market is expected to be firm. US stocks rose, with the Dow closing up 693 dollars at 53,178 dollars, hitting a new all-time high. President Trump announced he would halt the attack on Iran, causing crude oil prices to drop sharply and long-term interest rates to also fall significantly, which strengthened the optimistic mood. The dollar-yen is currently trading around 157.30 yen, and CME 225 futures closed at 63,390 yen on a yen basis, down 440 yen from the Osaka daytime close, and at 63,450 yen on a dollar basis, down 380 yen. Japanese stocks are expected to see buying in response to the rise in US stocks, with gains in stocks that tend to stimulate Japan's AI-related sector, such as SanDisk and Corning, likely to support individual stock picking. The estimated range for the Nikkei average is 63,200 yen to 64,800 yen.

Impact on stocks 2

Spatial Computing / AR/VR · 1 stocks
Semiconductors · 1 stocks