GLOBAL MARKET : JAPAN NIKKEI REBOUNDS AFTER SIX - SESSION LOSING STREAK ; WEEKLY LOSS NEARS 5 %

What happened: The Nikkei rose 1.75% to 65,550.68 by the midday break, rebounding after a six session losing streak and a nearly 5% plunge in the previous session. Key numbers: Nikkei up 1.75% to 65,550.68, still down about 5% for the week. Topix gained 1.83% to 4,072.71, on track for a 0.8% weekly decline. BayCurrent surged 17.25%. Advantest rose 0.64%. Why it matters: The recovery was driven largely by bargain hunting, with investors reluctant to make aggressive bets ahead of key corporate earnings and US political developments. The weekly decline highlighted lingering investor caution.

The Nikkei rose 1.75% to 65,550.68 by the midday break, rebounding after a six session losing streak and a nearly 5% plunge in the previous session.

The recovery was driven largely by bargain hunting, with investors reluctant to make aggressive bets ahead of key corporate earnings and US political developments. The weekly decline highlighted lingering investor caution.