The Nikkei 225 index closed up 1.34% to 50,883.68 on Thursday (November 6th), helped by solid US data: the ISM services index hit an eight-month high and the ADP added 42,000 jobs. Sentiment improved after valuation concerns eased, although the market now sees the chance of a Fed rate cut in December down to around 60% from 70% at the start of the week.
Domestically, Japan's Services PMI remained in expansion at 53.1, while the composite PMI was at 51.5, and cash wages rose 1.9%, driven by a surge in bonuses. Corporate news: Nissan targets record profits from its headquarters sale-leaseback scheme, Diamond Electric recovers from a ransomware attack, and Honda showcases new hybrid/EV technology for 2026–2027. The combination of data and corporate catalysts maintains optimism that the rally still has fuel, although the market remains wary of the direction of global interest rates. (az)
Source: Newsmaker.id
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