StocksMedium•5 October 2026•
1 min read
Nikkei 225 Jumps 2.5% as Bets on Federal Reserve Rate Hikes Fade
Key Facts
1Japan's Nikkei 225 jumped 2.5% to cross the 70,000 mark, reaching a three-month high.
2A sharp slowdown in US hiring led investors to bet on a Federal Reserve pause this month.
Japan's Nikkei 225 jumped 2.5% to cross the 70,000 mark, reaching a three-month high. Invezz reported that the rally followed a sharp slowdown in US hiring, which led investors to bet that the Federal Reserve will pause its interest rate hikes this month.
The rally extended across Asian equity markets, led by gains in Japan and Taiwan's Taiex index. The shift in macroeconomic expectations provided a rebound opportunity for rate-sensitive technology stocks as fears of further monetary tightening by the Federal Reserve began to ease.