index gained 0.53%, after falling about 1.5% in the previous session. The broader Topix rose 0.67% following declines of 1.7%.after the currency recently hit 34-year lows against the U.S. dollar at 151.97. It last traded at 151.45 against the greenback.Markets mainland China will be open for trading. Hong Kong, Singapore, India, Australia and New Zealand were among the major Asia-Pacific markets shut for the Good Friday holiday.
The broader market index rose 0.11% to settle at 5,254.35, cinching its best first-quarter since 2019. The 30-stock Dow rose 47.29 points, or 0.12% and settled at 39,807.37, bringing it a hair's breadth away from the 40,000 level. The tech-heavyWest Texas IntermediatePrices are rising on strong demand and lower supply. Morgan Stanley forecast a 400,000 barrels per day deficit in the second quarter and an 800,000 barrels per day deficit in the third quarter.
"At the single stock level, retail traders showed the strongest buying impulse in over a year," Peng Cheng, the firm's head of big data and artificial intelligence strategies, wrote in a note Wednesday.Energy stocks were the clear outperformer this month for the S&P 500. The sector, up nearly 10% this month, was next followed by the materials and utilities sectors, having respectively gained 6% and 5.9%.