Global Market: Japan's Nikkei rebounds after six-session losing streak; weekly loss nears 5%

Japanese stocks recovered after a sharp selloff, with the Nikkei rebounding from a six-session losing streak. The recovery came as investors continued to assess upcoming earnings and political developments.

Rebound Follows Extended Decline

The Nikkei’s advance offered a pause after six consecutive sessions of losses. However, the recovery was not enough to erase the broader damage recorded during the week, with the index’s weekly loss remaining close to 5%.

The recent performance highlights the cautious mood surrounding Japan’s stock market. Investors remain focused on earnings ahead, while political developments are also influencing sentiment.

Investors Remain Cautious

Although the rebound provided relief after the selloff, the market’s near-5% weekly decline underscores the pressure that has weighed on Japanese stocks. With earnings and political developments still ahead, investor caution remains a central feature of the market.

The Nikkei’s recovery therefore marks a rebound from its losing streak rather than a reversal of the week’s overall decline.