Nikkei Stock Average Rebounds to 38,295 After 300-Point Drop Amid U.S. Trade Concerns; Lasertec Down 3.4%

Japan's Nikkei Stock Average experienced a volatile week, initially declining due to concerns over U.S. trade policy and a stronger yen. On November 27, the index continued its downward trend, with a drop attributed to profit-taking ahead of the Thanksgiving holiday. The decline was exacerbated by weak performances in semiconductor stocks, notably Lasertec, which fell 3.4%, and Terumo, down 1.7%. However, on November 28, the Nikkei rebounded, closing up 160 points at 38,295, as investors reacted to speculation surrounding U.S. semiconductor regulations. Despite this recovery, market participants remain cautious about potential Bank of Japan rate hikes and ongoing trade tensions.