EL7.AI
StocksMedium•4 November 2026•
1 min read

Nikkei 225 Sees Sharp Volatility and Rebound Following US Midterm Elections

Key Facts

1The Nikkei 225 plunged 4.84% to 60,030.10, its lowest since May, before rebounding to trim losses to approximately 1.8%.

The Nikkei 225 plunged 4.84% to 60,030.10, marking its lowest level since May, before rebounding to trim intraday losses to approximately 1.8%. ActionForex reported that the index experienced a sharp sell-off following the US midterm election results, testing key support levels before staging a recovery.

Japanese equities faced initial pressure as SoftBank and Advantest shares lost more than 8%, while Tokyo Electron declined about 7%. Despite the volatility in Tokyo, other Asian markets showed mixed results, with Hong Kong's Hang Seng gaining approximately 1% and the KOSPI recovering from earlier weakness.

Market participants are now looking toward the release of the Bank of Japan's Monetary Policy Meeting Minutes on November 4, 2026. Technical analysis indicates a primary support region between 59,072 and 59,332, while significant resistance remains at the 64,831.29 level.

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