Business & Finance
Japan Stocks Set to Climb as Yen Hits 40-Year Low: Markets Wrap
Key Points
Japan Stocks Set to Climb as Yen Hits 40-Year Low: Markets Wrap Japanese stocks were set to rise as the yen slid to a four-decade low against the dollar and a rebound in several US technology giants lifted Wall Street. Equity futures pointed to a strong open in Tokyo, with Hong Kong and Sydney set for little change. S&P 500 contracts were steady after the benchmark rose 1.2% on Monday, with chipmakers rebounding from their worst week since April 2025.
Japan Stocks Set to Climb as Yen Hits 40-Year Low: Markets Wrap
Japanese stocks were set to rise as the yen slid to a four-decade low against the dollar and a rebound in several US technology giants lifted Wall Street.
Equity futures pointed to a strong open in Tokyo, with Hong Kong and Sydney set for little change. S&P 500 contracts were steady after the benchmark rose 1.2% on Monday, with chipmakers rebounding from their worst week since April 2025. Oil held onto gains as traffic slowed through the Strait of Hormuz.