Rebound Anticipated For Japan Stock Market
The Nikkei 225 snapped a two-day rally and fell sharply on Friday, down 817.73 points (-2.17%) to 36,887.17, pressured by losses in financials, technology and auto stocks. Despite the drop, analysts expect a possible rebound Monday as Asian markets follow upbeat U.S. cues and bargain hunting amid a softer-than-expected U.S. jobs report that eased some rate-hike worries. U.S. benchmarks closed higher (Dow +0.52%, Nasdaq +0.70%, S&P 500 +0.55%), while crude oil (WTI) rose to $67.04 (+1.0%). Major Japan names saw mixed moves — Sony plunged 4.24% — adding to market volatility. Domestic economic releases (current account, leading/coincident indexes, bank lending) are due Monday and could influence near-term direction. Overall, the piece highlights an immediate price setback for Japan 225 but leaves room for a rebound given global cues and interest-rate expectations.