Particle.news
Download on the App Store

Nikkei 225 Jumps 900 Points to 49,559 on Fed Easing Bets

Expectations for aggressive U.S. rate cuts tied to reports favoring Kevin Hassett fueled semiconductor buybacks in Tokyo.

Overview

  • The Nikkei 225 closed at 49,559.07, up 899.55, after briefly rising more than ¥1,000 intraday and reclaiming the 49,000 line.
  • Tokyo’s advance tracked a U.S. rally, with the Dow up 664.18 on Tuesday as reports cast NEC chair Kevin Hassett as the leading Fed chair candidate, stoking rate‑cut expectations.
  • Semiconductor-related stocks led gains as investors bought back cyclical names, echoing AI-driven strength in U.S. tech shares.
  • Market participation was broad, with about 2.32167 billion shares traded on the Tokyo market.
  • The yen held around the mid-¥156 per dollar range into the close, and the Bank of Japan reported ¥32.8258 trillion in unrealized losses on JGB holdings as of end-September.