<div id="readability-page-1"><div>The Nikkei 225 Index rose 1.5% to above 50,900, while the broader Topix Index advanced 1.8% to 3,418 on Friday, reversing the prior session’s losses and following a strong lead from Wall Street, where the Dow and S&amp;P 500 closed at fresh record highs.Those moves came as the latest US Federal Reserve rate cut prompted a rotation out of richly valued tech and AI-related names and into sectors that stand to benefit from robust economic growth.Still, investors stayed cautious ahead of the Bank of Japan’s policy meeting next week, where it is expected to raise interest rates.SoftBank Group jumped more than 6%, leading the rebound after facing pressure in the previous session on concerns about the profitability of AI investments.Other notable gainers included Kioxia Holdings (2.2%), Mitsubishi UFJ (2%), Toyota Motor (2.8%), Fast Retailing (3.4%) and Fujikura (1.4%).</div></div>

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The Nikkei 225 Index rose 1.5% and the Topix Index advanced 1.8%, reversing prior losses and following Wall Street's lead. The US Federal Reserve rate cut prompted a shift from tech and AI stocks to sectors benefiting from economic growth. Investors remain cautious ahead of the Bank of Japan's policy meeting. SoftBank Group led gains, jumping over 6%, with other notable gainers including Kioxia Holdings, Mitsubishi UFJ, Toyota Motor, Fast Retailing, and Fujikura.

- The Nikkei 225 Index increased by 1.5% to over 50,900, while the Topix Index rose 1.8% to 3,418, following gains on Wall Street.  
- This rebound was influenced by a US Federal Reserve rate cut, prompting a shift from tech stocks to sectors benefiting from economic growth.  
- Despite the gains, investors remained cautious ahead of the Bank of Japan's upcoming policy meeting, where an interest rate hike is anticipated.

Japanese Shares Track Wall Street Higher