The Nikkei 225 Index jumped 6% to around 33,000 while the broader Topix Index gained 3.5% to 2,370 on Tuesday, recouping losses from the previous session after US President Donald Trump said that he agreed to meet with Japanese officials to begin trade negotiations following a phone call with Prime Minister Shigeru Ishiba. However, volatility is expected to remain high as Trump threatened China with another 50% tariff on top of existing levies if Beijing does not lift its duties on US imports. Financial stocks led the rebound after bearing the brunt of the recent selloff, with strong gains from Mitsubishi UFJ (11.8%), Sumitomo Mitsui (10.2%), and Mizuho Financial (13%). Automakers, consumer and technology stocks also jumped, including Toyota Motor (7.5%), Sony Group (7.4%), and Tokyo Electron (8.3%
Source: Trading economi
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