Nikkei Rebounds Nearly 900 Points as Investors Return to Technology Stocks

News On Japan ·
Japan

Japanese stocks rebounded sharply on October 16, with the Nikkei 225 closing 898 points higher at 65,324, a gain of 1.39%, as investors returned to technology, semiconductor and financial shares following six consecutive sessions of losses. The recovery came after a dramatic sell-off the previous day, when the benchmark plunged 3,318 points, its third-largest point decline on record, reflecting…

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