Nikkei 225 rebounds sharply to close at 65,324

The Nikkei 225 rose significantly on October 16, 2026, closing at 65,324.29, up 898.34 points. This rebound followed a sharp decline the previous day and was driven by recovery in AI and semiconductor-related stocks.

The market movement was influenced by positive sentiment in the U.S., specifically a rebound in CoreWeave and reassuring comments from Nvidia CEO Jensen Huang regarding financial stability. This helped the Nasdaq Composite recover, providing momentum for Japanese tech giants such as Tokyo Electron, Advantest, and SoftBank Group.

While over 80% of stocks on the Tokyo Prime Market saw gains, the upward momentum faced some resistance toward the end of the session due to upcoming earnings reports from major U.S. IT companies. Investors also showed caution regarding high oil prices and interest rates.