The Nikkei 225 jumped 1.6% to surpass 39,900, while the broader Topix index gained 0.7% to reach 2,776 on Tuesday.
The rally helped recover losses from the previous session, as Japanese markets took cues from a strong performance by Wall Street. Overnight, the S&P 500 and Nasdaq Composite surged, driven by solid gains in technology stocks following Foxconn's upbeat fourth-quarter results. A report suggesting the incoming Trump administration may adopt a less aggressive tariff policy also helped lift global market sentiment.
In Japan, investors awaited local wage data this week, which will provide further insight into the outlook for monetary policy. Technology stocks led the gains, with Disco Corp. up 7%, Tokyo Electron up 8% and Advantest up 5.7%. Major sectors such as banking and auto stocks also posted strong performances. (AL)
Source: Trading Economics
