Nikkei 225 Rises as Tech Stocks Offset Oil Volatility
The Nikkei 225 Index gained 1.04 percent on Thursday, driven by technology surges despite global volatility following Iranian attacks on U.S. bases in Jordan.
The Nikkei 225 Index rose 1.04 percent to 62,071.22 on Thursday, July 30, 2026, recovering losses from the previous two sessions. The index climb was primarily fueled by technology stocks, with Advantest surging nearly 13 percent and Kioxia Holdings rising almost 11 percent.
These gains faced headwinds from declines in banking stocks, including Mitsubishi UFJ Financial and Mizuho Financial, as well as losses for automakers Toyota and Honda. The recovery occurred despite a sharp decline on Wall Street the previous day, where the Dow plunged 1,153.18 points.
Global market volatility increased after Iran launched surprise attacks on U.S. bases in Jordan. These geopolitical events triggered a spike in crude oil prices, pushing West Texas Intermediate crude up 7.00 percent to $84.81 per barrel.