Tokyo stocks open higher following US gains | Malay Mail

TOKYO, Oct 26 ― Tokyo stocks opened higher today, boosted by gains in US shares that hit record highs as Tesla topped US$1 trillion in value.

“The Japanese market is likely to grow steadily today. The Dow and S&P hit a record high and tech shares gained backed by Tesla... that's likely to support shares in Japan,” Okasan Online Securities said. Yesterday, the Dow Jones Industrial Average ended up 0.2 per cent at 35,741.15, its second straight record, and the broad-based S&P 500 climbed 0.5 per cent to 4,566.48, its second record in three sessions.

In Tokyo trading, tech-related shares rebounded from losses a day before, with Tokyo Electron jumping 2.15 per cent to ¥51,210 and Fanuc rising 1.52 per cent to ¥24,625.

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