Stocks: The morning Nikkei average rebounded, supported by growing expectations of a US interest rate cut.

<11:31> The morning session of the Nikkei Average rebounded, supported by increasing expectations of a US interest rate cut.
In the morning session of the Tokyo stock market, the Nikkei Average rebounded by 106.40 yen from the previous trading day to 39,197.57 yen. Following the release of US employment statistics last week, expectations of a US interest rate cut increased, continuing the momentum of the Nasdaq Composite Index and the S&P 500. While some leading stocks performed well and supported the index, semiconductor stocks were weak.

On the 9th, the Tokyo stock market started with major stock price indices rebounding, but later sinking into negative territory, lacking clear direction. Increased expectations of a December interest rate cut in the US following the release of employment statistics have led to strong performance in technology stocks such as information and communications. The service industry is also performing well.
On the other hand, negative factors like the downward revision of consumption in the revised GDP figures are weighing on investor sentiment. Selling pressure is evident in banking and insurance stocks, while mining, oil, and coal product stocks are trading lower.