Japanese Stocks Likely to Face Downward Pressure Next Week
Tokyo, May 2 (Jiji Press)--Japanese stocks are expected to face downward pressure next week after their recent rises, but their downside is likely to be supported by a weaker yen, brokers and analysts said.
This week, the benchmark Nikkei 225 stock index gained 1,124.95 points, or 3.15 pct, to 36,830.69, backed by hopes for de-escalation in the U.S.-China trade war as well as a reduction in the Bank of Japan's inflation outlook that sent the yen lower against the dollar.
(2025/05/02-19:05)