Japan's Nikkei rebounds from near 8-month low, tracks Wall Street higher
01/04/2025 01:31
TOKYO, April 1 (Reuters) - Japan's Nikkei share average rose on Tuesday, bouncing back from a near eight-month low hit in the previous session, as overnight gains in Wall Street lifted investor sentiment. As of 0016, the Nikkei index .N225 was up 1% at 35,987.44. The index closed lower on Monday as investors assessed the risk of imminent U.S. trade tariffs. .T The broader Topix .TOPX rose 1.34% to 2,693.07. The S&P 500 .SPX rose 0.5% and the Dow Jones Industrial Average .DJI gained 1% overnight, temporarily shaking off the uncertainty around U.S. President Donald Trump's upcoming tariff plans, which are expected to be outlined in greater detail on Wednesday. .N Uniqlo-brand owner Fast Retailing 9983.T rose 2.1% to give the biggest boost to the Nikkei. Shares of technology investor SoftBank Group 9984.T rose 0.6%. So far, 203 stocks of the Nikkei's 225 components were trading in the green. (Reporting by Junko Fujita; Editing by Sherry Jacob-Phillips) ((junko.fujita@thomsonreuters.com;))