Nikkei 225 rebounds 2.33% to 58,775.50 after tech sell-off
Published on 11/09/2026 at 18:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNikkei rebound after technology sell-off
- The Nikkei 225 closed at 58,775.50 on November 9, up 1,340.73 points, or 2.33 percent, from Friday.
- Technology shares recovered after gains in US markets, while 208 of the index's 225 components advanced.
- Investor caution remains high ahead of US inflation data and amid continuing concerns about AI regulation and data-center spending.
Japan's Nikkei 225 rebounded on Monday, November 9, after last week's technology-led sell-off pushed the benchmark more than 20 percent below its June record. The index closed at 58,775.50, up 1,340.73 points, or 2.33 percent, from Friday's close of 57,434.77. The session marked the first Nikkei gain in six trading days.
Reuters, republished by Fidelity, said the broader Topix rose 2.97 percent to 3,818.16. Market breadth on the Nikkei was strongly positive, with 208 of its 225 components advancing and 17 declining.
Technology shares lead a broad recovery
The rebound followed a recovery in US technology shares on Friday. Nvidia and Tesla regained ground after steep losses earlier in the week, while the Nasdaq Composite rose 1.1 percent and the S&P 500 gained 0.3 percent. The improvement eased, but did not eliminate, concerns that Democratic victories in the US midterm elections could lead to tighter oversight of artificial intelligence and weaker data-center spending.
Jiji Press reported that the Philadelphia Semiconductor Index had climbed 4 percent on Friday, supporting AI-related shares in Tokyo, including semiconductor-equipment and electrical-wire makers. The move therefore represented a partial recovery from the previous week's losses rather than evidence that the underlying concerns had been resolved.
Policy and earnings risks remain
Reuters quoted Takuma Ikemoto of Tokai Tokyo Intelligence Laboratory as saying that concerns about possible US policy changes, including AI regulation, remained deep-rooted and could limit further gains after the initial buying had run its course. Individual stocks also diverged: Baycurrent rose 8.8 percent to a record close, while Japan Tobacco fell 15.95 percent after Russia seized its assets in the country.
Attention now turns to US consumer-price data due on Tuesday, November 10, as markets assess the outlook for Federal Reserve policy after stronger-than-expected US employment data. Reuters also reported that elevated oil prices and the conflict around the Strait of Hormuz remained risks for the global economy. Further Nikkei direction is likely to depend on whether technology shares can stabilize while investors reassess AI spending, regulation and interest-rate expectations.
Further coverage is available on the Nikkei 225 topic page.
