Japan's Nikkei climbs on Wall Street relief rally; tech shares slip

Reuters
2025.12.12 07:05
portai
I'm PortAI, I can summarize articles.

Japan's Nikkei 225 Index rose 1.4% to 50,836.55, marking a third consecutive weekly gain, driven by Wall Street's optimism post-Federal Reserve's policy update. The broader Topix also hit a record high. Despite tech shares slipping due to Oracle's results, stocks like Sumitomo Metal Mining and Panasonic saw significant gains. Market sentiment remains cautious ahead of the Bank of Japan's policy decision on December 19.