Data: Wall Street rebound boosts Japanese stock market, Nikkei 225 index rises 2%

According to Jinshi reports, the Nikkei 225 index rebounded by 2% from a significant drop in the previous trading day. Wall Street's strong close restored risk appetite, boosting investor sentiment. Kioxia rose by 8%, SoftBank increased by 3%, and Tokyo Electron gained 1.38%. Among more than 1,600 stocks traded on the Tokyo Stock Exchange's main market, 67% rose, 26% fell, and 5% remained unchanged. The U.S. stock market rebounded on Wednesday as concerns over high valuations of tech stocks eased, with optimistic corporate earnings reports and better-than-expected economic data boosting investors' risk appetite.