The Japanese stock market has posted gains for two consecutive sessions, accumulating over 575 points or a 1.4 percent increase during this period. The Nikkei 225 index now stands slightly above the 39,025 mark, with expectations of further increases on Wednesday.
Globally, Asian markets remain optimistic due to a renewed positive outlook on interest rates. Both European and American markets have shown an upward trend, suggesting a similar pattern may occur in Asia.
The Nikkei experienced moderate gains on Tuesday, driven by mixed results across financial and automotive sectors, while the technology sector lagged. On that day, the index rose by 125.48 points, or 0.32 percent, closing at 39,027.98, moving between 38,643.84 and 39,238.21 during the session.
Among prominent companies, Nissan Motor rose by 1.23 percent, whereas Mazda Motor fell by 2.00 percent. Toyota Motor increased slightly by 0.19 percent, while Honda Motor decreased by 0.27 percent. Softbank Group dipped by 0.25 percent, Mitsubishi UFJ Financial gained 0.13 percent, Mizuho Financial declined by 0.43 percent, Sumitomo Mitsui Financial and Hitachi each decreased by 0.68 percent, Mitsubishi Electric slipped by 0.46 percent, Sony Group had a slight reduction of 0.12 percent, and Panasonic Holdings edged down by 0.03 percent.
The positive sentiment from Wall Street provides a hopeful outlook, as major indices opened strong on Tuesday and maintained that performance throughout the day.
The Dow Jones Industrial Average surged by 537.98 points, or 1.24 percent, to close at 44,025.81. The NASDAQ Composite Index advanced by 126.58 points or 0.64 percent to end at 19,756.78, while the S&P 500 increased by 52.58 points or 0.88 percent, finishing at 6,049.24.
U.S. stocks found firm ground with investors evaluating the economic repercussions of the Trump administration's policies and potential tariffs. Market sentiment improved on expectations of rate cuts by the Federal Reserve within the year and declining treasury yields.
The slide in treasury yields reflected optimism about future interest rates, spurred by recent U.S. inflation data.
Meanwhile, oil prices fell on Tuesday, influenced by Trump's intentions to enhance oil and gas production domestically. West Texas Intermediate Crude oil futures for February delivery ended down $1.99, or 2.56 percent, at $75.89 per barrel.
