Global Market: Japan’s Nikkei rises nearly 2% on AI optimism, Anthropic IPO filing

What happened: Japan's Nikkei climbed 1.91% to 63,374.45, after rising as much as 2.4% earlier, and was on track to snap a three-session losing streak. The Topix gained 0.61% to 3,997.09. Key numbers: Nikkei 1.91% to 63,374.45; Topix 0.61% to 3,997.09; Advantest up 10%; SoftBank Group up 6.94%; Tokyo Electron up 3.35%; Philadelphia Why it matters: Sentiment improved after Anthropic's IPO filing and a US semiconductor rally, per Reuters. Daiwa's Daisuke Hashizume said investors were cautious ahead of results from US hyperscalers including Alphabet and Microsoft later in the week. Coverage: 9 outlets in 24h

Japan's Nikkei climbed 1.91% to 63,374.45, after rising as much as 2.4% earlier, and was on track to snap a three-session losing streak. The Topix gained 0.61% to 3,997.09.

Sentiment improved after Anthropic's IPO filing and a US semiconductor rally, per Reuters. Daiwa's Daisuke Hashizume said investors were cautious ahead of results from US hyperscalers including Alphabet and Microsoft later in the week.